Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

8373 Mary Ball Rd Lancaster, VA 22503

OFF-MARKET
Turn key restaurants
Property ID
US87-2884995
2,962 SF 1.35 ac lot Built 1790
Last sale May 2023 · $25,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is the former Lancaster Tavern, a historic structure with documented origins dating to the late 1700s that has historically operated in multiple roles, including tavern, inn, restaurant, and community gathering place. The building was damaged by a fire in 2020; the structure remains standing and the property is characterized as being offered in its current condition for whatever future use may be determined through due diligence. It is located in the county seat area, with high…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$313k
Assessed land$34k
Assessed improvement$279k
Effective rate0.40%

Value estimate

· Oct 2026
$60k
$54k – $66k
AI approach$60k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R1
General residential district is composed of certain low to medium concentrations of residential uses, plus certain open areas where simil...
General categoryRESIDENTIAL
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency7.0
Gym & Fitness6.8
Travel Agency6.8

Location

8373 Mary Ball Rd Lancaster, VA 22503-2519
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5396 Mary Ball, Lancaster, VA 22503-2628 $100,000 Feb 2025 2,880 SF
621 Kamps Ml, Lancaster, VA 22503 $95,000 Apr 2024 1,856 SF
1303 Oak Hl, Lancaster, VA 22503-4012 $2,750,000 May 2022 2,791 SF
10063 Riv, Lancaster, VA 22503-3901 $218,000 Apr 2022 2,424 SF
7800 Riv, Lancaster, VA 22503 $530,000 Jun 2020 5,000 SF
11064 Riv, Lancaster, VA 22503-3930 $29,000 Sep 2019 1,650 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8373 Mary Ball Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved