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Property profile & analytics
OFF-MARKET Estimated value $700,000
Automotive properties

7084 George Washington Memorial Hwy Gloucester, VA 23061-5133

8,248 SF 1.92 ac lot Built 1972
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US87-1483794
Property summary
AI-generated overview

This exceptional retail property, located at 7084 George Washington Memorial Hwy in Gloucester, Virginia, presents a significant opportunity for businesses seeking high-traffic visibility. The property boasts a substantial 8,200 square feet of single-tenant retail space, ideal for a variety of commercial uses. Situated on a generous 1.92-acre lot, the property offers ample space for customer parking and potential expansion. The address is directly on George Washington Memorial Highway, ensuring excellent exposure to a large volume of daily traffic. The building's total square footage is 8,200 square feet, currently available for lease. The property is classified as Street Retail within the Commercial sector. Its location in Gloucester County, Virginia, zip code 23061, provides access to a thriving local community and convenient access to major transportation routes. This is a single-tenant property, offering a unique opportunity for a business to establish a strong presence in a high-traffic area. The property's size and location make it an attractive option for businesses seeking a prominent and easily accessible location. The 1.92-acre lot provides ample space for outdoor activities or additional development, depending on the tenant's needs. This is a prime opportunity to secure a highly visible retail space in a desirable location. The property is ready for immediate occupancy.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1972
Total area 8,248 SF
Lot 1.92 ac (83,635 SF)
Zoning code B-1
APN 10067
UPID US87-1483794
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k
Owner & transaction history
Sdmsm LLC · 2 yrs held
Sdmsm LLC
since 2023
1 recorded transaction
2023
$1.5M
Zoning & alternative use
B-1 · Gloucester, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $990,000 +11.0%
Retail stores $895,000 +0.3%
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