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Property profile & analytics
OFF-MARKET Estimated value $770,000
Commercial real estate

8 Jackson Ln Boston, VA 22713-1720

4,614 SF 5.04 ac lot Built 2000
Trust Owned 9-yr Hold Free & Clear
Property ID
US87-3928092
Property summary
AI-generated overview

This exceptional 5,300 square foot assisted living facility, situated on over 5 acres in Rappahannock County, Virginia, presents a unique investment opportunity. The property, known as The Jackson House, is currently licensed for eight residents and boasts eight bedrooms, five full bathrooms, and four half bathrooms. Completely renovated within the last decade, this well-maintained property features modern amenities including an open kitchen with upgraded cabinets, quartz countertops, and stainless-steel appliances. The master suite includes a sitting room, gas fireplace, and upper-level deck. Additional features include nine ductless HVAC units supplementing central AC and heat, new flooring throughout, handicapped accessibility, front and rear staircases, and a walkout lower level with a bedroom, bathroom, laundry area, and ample storage. The main level features wrap-around porches, and the property is enhanced by a paved driveway and a blend of open and wooded land. The Special Use zoning permits its continued operation as an assisted living facility, with permits transferable to the new owner. This property offers multiple potential uses, including continued operation as an income-generating assisted living facility, conversion to a private residence, or a combination of both. Located at 8 Jackson Ln, Boston, VA 22713, this property is priced at $997,500 ($188.21/sq ft) and presents a rare opportunity in a desirable location. Built in 1950, the property's large living/dining area is open, light, and airy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Total area 4,614 SF
Lot 5.04 ac (219,630 SF)
APN 56 5
UPID US87-3928092
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
Current use
Occupant on record · Public records
  • Jackson House Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$696k
Blend (final) Blend
$770k
Owner & transaction history
Sillero,charity & Violeta Trust · 9 yrs held
Sillero,charity & Violeta Trust
since 2016
2 recorded transactions
2016
Price N/A
2005
$559,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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