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    Property profile & analytics

    702 Commerce Ave Front Royal, VA 22630-3420

    • Retail space
    • 840 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US87-1868313
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mr. Rooter Plumbing of the Shenandoah Valley / Drainage Service / Hot Water System Supplier
    • Aire Serv of The Shenandoah Valley / Heating Contractor / Hvac Contractor

    Property Details for 702 Commerce Ave

    Year built
    1960
    Lot size
    0.17 lot acres
    Property size
    840 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    20A5 633 25
    APU
    20A563325

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $165,000
      6.5%
      $175,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $175,000
      Mixed-Use
      $205,000
      Hospitality
      $230,000
      Educational
      $180,000
      Residential Income
      $190,000
      Energy
      $215,000
      Income-Based Land
      $175,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Front Royal
    County
    Warren
    State
    Virginia
    Longitude
    -78.1919
    Latitude
    38.9278
    CBSA code
    47900
    CBSA name
    WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,241
    $75,000
    $178,200
    $253,200
    -
    $75,000
    $178,200
    $253,200

    Comparable in this City

    • Value Estimation
      $680,000
      1,120 SF

      7892 Stonewall Jackson Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,120 SF
      7892 Stonewall Jackson Hwy, Front Royal, VA 22630-4939
      View Details
    • Value Estimation by Request
      2,800 SF

      John Marshall Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      John Marshall Hwy, Front Royal, VA 22630
      View Details
    • Value Estimation
      $450,000
      1,824 SF

      215 Ss St

      RETAIL STORES (PERSONAL SERVICES) • 1,824 SF
      215 Ss St, Front Royal, VA 22630-2132
      View Details
    • Value Estimation
      $460,000
      1,426 SF

      10 Chester St

      RETAIL STORES (PERSONAL SERVICES) • 1,426 SF
      10 Chester St, Front Royal, VA 22630-3321
      View Details
    • Value Estimation
      $370,000
      2,250 SF

      518 Royal Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,250 SF
      518 Royal Ave, Front Royal, VA 22630-2710
      View Details
    • Value Estimation
      $380,000
      1,080 SF

      117 Royal Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,080 SF
      117 Royal Ave, Front Royal, VA 22630-2646
      View Details

    Similar Nearby for Sale

    • $1,370,000

      Historic Downtown Mixed-Use Property

      Mixed-use property with retail space and apartments in historic downtown.
      401 E Main St, Front Royal, VA 22630
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      Retail space with apartment and garage, investment opportunity.
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      Commercial Property with Redevelopment Potential

      Commercial property in high-traffic area with redevelopment opportunities.
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      Updated Office/Retail Space in Front Royal

      Updated office/retail space in historic Front Royal, Virginia.
      28 E Jackson St, Front Royal, VA 22630
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    • New
      $145,000
      0.26 Acres

      Turn-Key Furniture Business Opportunity

      Profitable furniture store business for sale in Front Royal, VA.
      1207 N Royal Ave, Front Royal, VA 22630
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    • $825,000
      3,143 SF

      Downtown Front Royal Commercial Property

      Versatile commercial building with high visibility and income potential.
      508 N Commerce Ave, Front Royal, VA 22630
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    Similar Nearby for Lease

    • $33 SF/Yr
      2,699 SF

      Retail/Office/Restaurant Building For Lease

      2,699 SF retail/office/restaurant building on 1 acre for lease.
      W 14Th St, Front Royal, VA 22630
      View Details
    • $1,125 /Mo
      42,689 SF

      Prime Commercial Space in Front Royal

      Exceptional commercial space in Front Royal's vibrant downtown district.
      11 Water St, Front Royal, VA 22630
      View Details
    • Contact for pricing
      1,275 SF

      Anchored Shopping Center Retail Space

      Retail space available in Front Royal's main shopping center.
      419-477 South St, Front Royal, VA 22630
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near Walmart, Lowes

      Retail space with excellent visibility near major traffic routes.
      50 Riverton Commons Dr, Front Royal, VA 22630
      View Details
    • $1,300 /Mo

      Retail Space in Cedarville Corners

      Retail space for lease in growing commercial area.
      8506 Front Royal Pike, Front Royal, VA 22630
      View Details
    • New
      $5,500 /Mo
      11,326 SF

      Commercial Space in Front Royal

      Retail space available for lease in Front Royal, Virginia.
      1207 N Royal Ave, Front Royal, VA 22630
      View Details
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    702 Commerce Ave
    Front Royal, VA 22630-3420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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