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Property profile & analytics
OFF-MARKET
Office buildings

7002 George Washington Memorial Hwy Gloucester, VA 23061-5133

1,096 SF 0.52 ac lot Built 1965
Entity Owned ~ Est. High Equity
Property ID
US87-1446691
Property summary
AI-generated overview

This exceptional commercial property, located at 7002 George Washington Memorial Highway in Gloucester, VA, presents a unique investment opportunity. Situated on a 0.52-acre lot, this building boasts unparalleled visibility on a major thoroughfare, Route 17, with an impressive average daily traffic count of approximately 40,000 vehicles. Its strategic location places it within one mile of prominent retailers such as Walmart, Home Depot, and Lowe's, ensuring high foot traffic and convenient access for potential clients. The property is zoned B-1, allowing for a diverse range of commercial uses, including but not limited to attorney's offices, daycare centers, and medical practices. The building itself offers significant advantages, including an elevated, digital display sign, maximizing exposure and brand recognition. This feature, combined with the high traffic volume and proximity to Gloucester Courthouse, creates an ideal setting for businesses seeking maximum visibility and accessibility. The property's versatility and prime location make it an exceptional investment opportunity for entrepreneurs and businesses seeking to establish a strong presence in a thriving community. The asking price is $350,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Total area 1,096 SF
Lot 0.52 ac (22,651 SF)
Zoning code B-1
APN 28142
UPID US87-1446691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Smoke Masters LLC
Smoke Masters LLC
since 2026
1 recorded transaction
2026
$355,000
Zoning & alternative use
B-1 · Gloucester, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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