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Property profile & analytics
OFF-MARKET
Commercial real estate

913 Old Buckingham Rd Cumberland, VA 23040

1 ac lot Built 1914
Property ID
US87-2187632
Property summary
AI-generated overview

This unique 1-acre property at 913 Old Buckingham Road in Cumberland, VA, presents a compelling investment opportunity for cash buyers. Priced at $180,000, this substantial building boasts a rich history, having previously served as a dance hall and movie theatre. Its expansive size offers significant potential for adaptive reuse. Imagine transforming this landmark into a daycare center, assisted living facility, or even a place of worship. Alternatively, the building could be converted into a remarkable private residence. The property features original wood flooring from the early 1900s, offering a unique opportunity for restoration and reclamation. However, it's crucial to understand that the building is quite old and requires extensive renovations. Due to its age and condition, it will not qualify for financing through government-backed loan programs

Property profile
Verified
Property type Commercial real estate
Year built 1914
Lot 1 ac (43,560 SF)
UPID US87-2187632
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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