701 North Main Street

701 North Main Street

Culpeper, VA 22701

$2,750,000
Price
75,108 / 1.72
Lot Size / Acres
an aerial view of residential houses with outdoor space
an aerial view of a city
an aerial view of residential building and parking space
an aerial view of residential houses with outdoor space
an aerial view of a city
an aerial view of residential building and parking space
an aerial view of residential houses with outdoor space
an aerial view of a city
an aerial view of residential houses with city view
a view of building with street view
an aerial view of residential houses with outdoor space
an aerial view of multiple house
an aerial view of residential houses with outdoor space
a view of swimming pool with an outdoor seating
a view of a city
an outdoor space with lounge chair
a view of a city
an aerial view of residential houses with outdoor space

Description

Initial public offering of one of Culpeper's most iconic sites. The former home of Baby Jim's is now the Main Street gateway to a 4-lot, 1.72 acre canvas offering myriad opportunities for discerning developers. All lots maintain either C3 or R3 zoning and afford the opportunity to immediately develop over 40 units; however, preliminary meetings with the town indicate they would accommodate a request for additional density. This represents an incredible opportunity to develop almost an entire city...Initial public offering of one of Culpeper's most iconic sites. The former home of Baby Jim's is now the Main Street gateway to a 4-lot, 1.72 acre canvas offering myriad opportunities for discerning developers. All lots maintain either C3 or R3 zoning and afford the opportunity to immediately develop over 40 units; however, preliminary meetings with the town indicate they would accommodate a request for additional density. This represents an incredible opportunity to develop almost an entire city block and your vision run wild. Condos ... Luxury Apartments ... Townhomes ... Mixed Use? The local market is receptive to virtually any product offering. There is also an intriguing affordable housing play, whereby your acquisition/development costs could be offset by sizeable tax credits. Rarely do opportunities to redevelop a premier Main Street location in downtown Culpeper present themselves. Easy access to all commuter routes, a short walk to historic and award-winning Davis & Main shopping and dining corridor, close proximity to rail service, public utilities on site, as well as, fiber, cable and natural gas. Long overdue, don't miss your opportunity to be at the forefront of redeveloping one of Culpeper's next hot sections ... North Main!
  1. Listed by Philip L Thornton IV • Long & Foster Real Estate, Inc.
    P: 5402229155 philip@thorntonrealtors.com
  2. Listed by Kelly M Thornton • Long & Foster Real Estate, Inc.
    P: 5407185763 sellwithkt@gmail.com

Property Details for 701 North Main Street

Tax ID Number
41A2 1L1 1A
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Waterfront
No
Views
City, Mountain, Street
Garage
No
Central Air
No

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute
LISTING UPDATED: 12/29/2023 03:18 PM

Property Details for 701 North Main Street

StatusActive
MLS #VACU2006796
Days on Market121
Taxes$609 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size1.72 AC
CountyCulpeper County

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute

Building Information for 701 North Main Street

Lot Size1.72 AC

Payment Calculator

$15,059 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,008

Property Taxes

$51

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 701 North Main Street

Location
Location
  • In City Limits: Yes
  • School District Name: CULPEPER COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140976308
  • SchoolDistrictSource: Listing Agent
  • County: CULPEPER
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $110,700
  • Year Assessed: 2022
  • County Tax: $609
  • Improvement Assessed Value: $10,700
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: C3 & R3
  • Zoning Dscrp: Commercial and Higher Density Residential
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Lease In Effect: No
Building Info
Building Info
  • Possible Use: Apartment Building, Apartments, Commercial, Development, Hotel/Motel, Investment, Mixed Use, Multi-Family, Residential, Retail, Vacant
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Additional Lot(s), Cleared, Corner, Open
  • Current Use: Vacant
  • Road Surface Type: Access - On Grade, Paved
  • Road Responsibility: State, City/County
  • Parcel ID: 17045471
  • Additional Parcels: Yes
  • Addl Parcels Descrp: This sale is comprised of four lots running from North Main Street down Williams Street to East
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Exterior Features
Exterior Features
  • Horse: No
Utilities
Utilities
  • Utilities: Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Underground
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Greater Piedmont REALTORS
  • List Agent URL: www.yourlocalrepros.com

Property History for 701 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 701 North Main Street

Taxable ValueLand$100,000Additions$10,700Total$110,700
Tax Record2023$582 ($49 / month)
Home Facts
Lot Size3,200 SqFtStyleMiscellaneous CommercialZoningC3CountyCULPEPERAPN41-A2- 1-L1- 1-A

Schools near 701 North Main Street

This home is within Culpeper County Public Schools.
Rating
School
Type
Grades
Distance
Pearl Sample Elementary School
Public - PK to 5
Floyd T Binns Middle School
Public - 6 to 8
Eastern View High School
Public - 9 to 12
Epiphany Catholic School
Private - PK to 8
Rating
School
Distance
Pearl Sample Elementary School
PublicPK to 5

Floyd T Binns Middle School
Public6 to 8

Eastern View High School
Public9 to 12

Epiphany Catholic School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 701 North Main Street, Culpeper, VA 22701

701 North Main Street is a 1.72 ac of land for sale in Culpeper, VA 22701. This property was listed for sale on December 29, 2023 by Long & Foster Real Estate, Inc., it's currently listed at $2,750,000. It has been on the market for a total of 121 days and was last sold on March 29, 2018. This listing's school district is Culpeper County Public Schools. Nearby schools include Pearl Sample Elementary School, Floyd T Binns Middle School and Eastern View High School. 701 North Main Street is a 0-bed, 0-bath, 1.72 ac of land on a 75,108 sq. ft. / 1.72 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate, Inc.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/29/2023 03:18 PM