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Homes for Sale
Featured Commercial Listings Richmond, Virginia, Commercial/Industrial: Offered at $3,000,000, This industrial property in Richmond, Virginia offers an enormous income producing opportunity with a positve cash flow in an up and coming commercially developing Commercial/Industrial Business Plaza. This building contains 17 individual units for lease and additional garages. Units equipped with hydraulic lifts. Gross Revenues exceeding $300,000 per year.  Richmond, Henrico, Glen Allen, Virginia, Offered at $5,950,000, Investment & development Opportunity in the Glen Allen area of Richmond. Land consists of 2 parcels: 1.92 acres on Kain Rd & 24.72 acres on Pouncey Tract. Located in high volume traffic corridor, 1/4 mile from Short Pump Mall. Close to interstate, Broad Street. Multi use potential. This is a major highway in the Richmond area. This property has lots, did I say lots of investment and development potential. Call Elaine @757-288-4685 or John @804-306-5620 for more information. Directions: from Richmond, Broad Street intersection on Right of Pouncey Tract.  Southview Project is an Investment Opportunity you do not want to miss.Offered at 2,000,000, Located in historic Franklin, Virginia this is 62.8 acres at US 258 (South Street) and US 58. 143 Single Family Residential Lots (to be sold unimproved with final development plan approval). Two parcels to be reserved for future commercial use. Zone R1 which has 28 lots, R2 – 115 lots. Construction plan approval granted by City of Franklin. Wetlands permit received from VA Dept. of Env. Quality. City sewer and water required. (Approval pending for permits and pumping station.)  Hanover County, Ashland, Virginia: Offered at $1,295,000, Looking for a 8 cap rate? Look no more, this warehouse is 100% leased and located in the Hanover Industrial Air Park. This warehouse has 6 bathrooms, 6 offices and a kitchen. There are 6 tenants including 5 who rent space inside the warehouse and 1 who rents outside space. This is a great investment opportunity! Do net let this pass by of owning the highly desired and coveted Hanover/Richmond area. Call John or Elaine directly for any showings or information about the property. Accompany show only! John: (804) 306-5620, Elaine: (757) 288-4685.  Mecklenburg County, LaCross, Virginia,Offered at $675,000, in the sleepy little town of LaCross, a builders or contractors dream project, approximately 29.75 wooded acres on rectangular lot. Pine trees on tract may be harvested and sold by new owner. The lot has a gentle slop with no major ravines or water areas. Perfect location for 100+ single family homes, condos or townhome units. County incentives available for residential development. This property is off of major traffic corridor and near I85. 1/2 mile away from main road a boom in commercial building and business is now happening.  York County, Virginia:, Offered at $375,000, Sure fire money maker with positive cash flow. Upscale restaurant & night club in York County, VA. This business only opportunity has custom made bar, bar stools, waiting area, hostess stand & seating. Nightly entertainment, pool tables, innovative & exciting menu selections. Most nights this restaurant is filled to county capacity limits! Owner’s relocation is the motivation for selling.  AN AFFORABLE INVESTMENT WITH A CAP RATE, THAT COULD BE MADE A 10 PLUS! Located in Grundy, Virginia this 25 unit shopping center. Offered at $3,000,000, Situated on approximately 12 acres, 93,890 square feet, Price per square foot is $3.50 (This is far below the national average of roughly $16.00 per square foot), this would mean more of a profit margin with rent increases over the next few years. No vacancies since the shopping center opened in 1978, Situated near Law School and Pharmacy School. This property generates 300,000 annually. Net Gross is 265,000 annually. Large open areas for potential out parcels, that could be sold or used for ground leases. Positive cash flow with 10% down payment you could own this shopping center, as there is a lender in place. List price $3,000,000.00 makes this A GREAT INVESTMENT AND A GOOD CANDIATE FOR A 1031 TAX EXCHANGE. Priced less than current tax assessment Don’t miss this opportunity! Out parcels could be sold or offered on a ground lease. Rents have not been adjusted since shopping was built! THIS IS A REAL MONEY MARKER!  Hanover County, Mechanicsville, Virginia, Offered at $625,000, Investment & development Opportunity in the Mechanicsville Turnpike (Rt. 360 East) area of Hanover County, with Numerous applications. . Located in an extremely high volume traffic corridor of Mechanicsville. Close to Interstate 64 and 295, also close to existing retail developments and schools. Multi use potential for commercial applications, zoned… B1 commercial. 6.25 acres. that is almost all woods, old building on back of property boarded and not in use. RE/MAX Capital to hold EMD. Call Elaine VonCannon @757-288-4685 or John Starke@804-306-5620 for more information. Owner is a licensed real estate agent in Virginia.  York County, Yorktown, Virginia, Offered at $550,000, Long Time established restaurant in York County is awaiting a new owner. This is a turn key operations w/a long loyal customer base. The restaurant comes w/equipment, license, goodwill, trade & real estate. Locate on Rt 17 in a high traffic corridor. Owner financing is available. Confidentiality agreement to be signed before any disclosures are given. Listing agent must be present for all showings. RE/MAX Capital to hold earnest money deposit of $5000. Directions  Prince George County, Disputana, Virginia, Offered at $2950000, CAN YOU BELIEVE THIS WONDERFUL OPPORTUNITY IS PRICED BELOW CURRENT APPRASIAL ON FILE of $4,900,000? CURRENT APPRASIAL IS 3,000,000! Thriving truck stop on a major busy state highway. Includes a Bullets and Shell franchise: consist of a Car wash, walk-in freezer, walk-in cooler, free standing coolers, ice cream freezer, pizza oven, grill, new broiler, deep fryer, U Haul rental, drink dispense, food drive thru window, coffee station, display stations, booths, 8 gas pumps, 8 diesel pumps, outside dining and more. 3000 sq. ft. building on 6.75 acres.Turn key operation ready for you to take ownership. Remodeled interior fast food area just completed Nov. 2007. Due to recent recommendation by the Brac commission, massive expansion to take place in area and Ft. Lee by 2011. This property and business is with in about 10 miles of Ft. Lee. OWNER IS RELOCATING OUT OF STATE!  Located in Richmond, Virginia, this is a wonderful subdiviable 6.0608 acres in mixed use zoning. Offered at $2,400,000, The property has a Convenience Store which has small pizza business, car wash & gas station. Wooded acreage of approximately 4 acres (per owner) surrounding store lot. Great deal of growth in the surrounding area to include small strip mall & several subdivisions. Just over 4 acres that is wooded is currently zoned O-2C. Both parcels have sewage & water lines per County of Henrico records. Perfect for use of a land lease on vacant land. New underground gas storage tanks installed late 2007. New mega shopping center plaza being built to be finished early 2008. There are 500 new homes currently under construction. These 2 projects are under a mile form station, and the 4 acres zoned for commercial building that goes with the station. Located on the corner of Laburnum Avenue and Creighton Road in Henrico County, Richmond, Virginia. EXCELLENT LOCATION FOR A SMALL STRIP MALL OR GROUND LEASE THE OUT PARCELS.  Richmond, Virginia, Offered at $125,000, 4 Acre Partially wooded lot, be sold or ground leased in .50 parcels, on the corner of Harvie Road and Creaghton Road in Richmond , Virginia: Zoned Commercial, Adjacent to Gas Station and Convenience store. New mega shopping center plaza being built to be finished early 2008. There are 500 new homes currently under construction. These 2 projects are under a mile from station, and the 4 acres zoned for commercial building that goes with the station. THIS PARCEL IS RIPE FOR A SMALL STRIP MALL OR GROUND LEASES! This section is being offered at .50 area sections for purchase or ground leases.  City of Richmond, Virginia, Offered at $200,000, Commercial/industrial zoned land. Frontage on Hull Street Rd. w/room to build. This plat includes 2 metal stoarage buildings which are rented and a chain link fenced area which also is rented. No expenses except taxes. RE/MAX Capital to hold $2500 EMD. Listing agents must be present at all showings. Rent is $250/month for metal storage buildings & $400/month for fenced area. $10,000/yr income. No expenses except taxes.  Offered at $2,050,000, This is a very attractive building located in a nicely manicured office park setting in Henrico County, Richmond, Virginia, the property is fully leased, however a tenant who occupies 4,453 Sq. ft. on the top floor and 1,027 sq. ft. on the lower level has given notice and will be leaving in early 2008. Great opportunity for owner occupant. Located in the prestigious Monument Corporate Center, adjacent to the redeveloped Shoppe’s at Willow Lawn and the newly developed Monument Square Town Homes. Building is 14,825 square foot of elegant office space.  Java, Virginia: Commercial, Chatham, Halifax Virginia, Offered at $1,205,930, golf, vineyard, residential. This tract has residential, industrial, recreational, and personal development potential with plenty of frontage on a major highway and a state paved road. The property has a nice creek, merchantable and premerchantable income producing timber, nice rolling topography typical of the Virginia countryside, beautiful farms/ranches/countryside surrounding it with a nice view of the countryside on several different sites on the property. Potential for golf course development, vineyard, and estate for personal residence, and great potential for mini farm development. Great hunting currently on the property.  Mathews, Virginia, Commercial, Retail or Wholesale: Sibley’s Offered at $399,900, General Store located in downtown Mathews, Virginia has the best location in Mathews. This convenience store offers lots of renovations including new plumbing, well, electric, phone and DSL lines, hardwood floors, paint and so much more!!!!  Commercial Land: Gloucester, Virginia: 1.37 acres of commercial land located in Gloucester, Virginia zoned B1. Offered at $300,000  NORTHTHUMBERLAND COUNTY, HEATHSVILLE, VIRGINIA. Offered at $245,000, COMMERCIAL OPPORTUNITY. OFFICE WITH EFFICIENCY APARTMENT UPSTAIR. SERVICE BAY GARAGE, STORE ROOM. 24X78 AND 20X30 POLE BARNS, 20X50 FRAME SHED ALL SURROUNDED BY GATED CHAIN LINK SECURITY FENCE. CREATE A STREAM OF INCOME WITHOUT BREAKING THE BANK!  MATHEWS, VIRGINIA. DEEP WATER WORKING MARINA, Offered at $550,000, 158’ OF WATERFRONT/DOCK FRONTING DAVIS CREEK QUICK TO MOUTH OF MOBJACK BAY/CHESAPEAKE BAYPROPERTY HAS NUMEROUS BUILDINGS, OFFICE, APARTMENT AREA, 11 X 56 MOBILE HOME, COLD HOUSE.  NORTHTHUMBERLAND COUNTY, REEDVILLE, VIRGINIA. OFFERED AT $1,295,000, 9.80+/- WATERFRONT ACREAGE WITH HOME, DOCK, BOATHOUSE & DOCK SIDE FUEL, BAIT, TACKLE BUSINESS. OYSTER HOUSE STRUCTURE AT WATER’S EDGE. UNIQUE MIXED ZONING OF LIGHT INDUSTRIAL AND RESIDENTIAL. PRELIMINARY SOIL STUDIES ON FILE, POTENTIAL FOR WATERFRONT BUSINESS, RESIDENTIAL DEVELOPMENT, OR COMBO OF BOTH. CURRENTLY USED AS PRIVATE RESIDENCE W/SMALL FUEL, BAIT, TACKLE BUSINESS & CHARTER BOAT SERVICE. THIS LITTLE HONEY IS WAITING FOR YOU TO MAKE IT YOUR OWN.  MATHEWS, CARDINAL, VIRGINIA. Offered at $229,900, Desirable mini-storage business. 19 units with expansion potential of up to 100 units. 16 units are climate control. Current occupancy at +/- 75%. ACREAGE, 13.88.  MATHEWS, VIRGINIA, Offered at $3999900, Pristine & historic marina/boatyard. Marina: 50 covered slips (most floating docks), 15 uncovered, all w/water/elec/lighted walkways, pool, captain’s lounge, picnic fac. Bustling boatyard, 7 staff, 100 ton marine railway, 20 ton travel lift & crane, metal working & machine shop, carpentry & fiberglass shop, paint shed, ship’s store, supply room, office, residence, 4000 g. fuel dock, dry storage. Rare offering, great investment potential, especially taking into account the limited future supply of marina/full service boatyards in the Lower Chesapeake Bay! Horn Harbor Marina and Boatyard has immediate access to Chesapeake Bay, 25 miles by water from Chesapeake Bay Bridge Tunnel.  Carroll, Virginia: Great location, just off the Blue Ridge Parkway in a major traffic corridor. This property boasts 100+acres and an 18 hole regulation, 6520 yards, par 71 golf course. Also included are 6 efficiency units, club cars and turf equipment. Offered at $664,000!  Yorktown, Virginia: Commercial, Land for Proposed Hotel, Motel, Offered at $1,100,000, Approximately 1.7 acre parcel fronting the proposed 120 room Value Place Hotel, offers approximately 276 feet of road frontage along one of the peninsula’s most traveled corridors, (Hwy 17) George Washington Memorial Hwy., in Yorktown, Virginia. Located just south and across from Washington Square Shopping Center, this property offers direct access to Hwy 17.  Yorktown, Virginia/Commercial, Land, oFFERED AT $1,500,000, .67 acre land parcel in Yorktown, Virginia suitable for commercial development. 114’ of frontage. Zoned GB (General Business). Presently contains a house. On George Washington Memorial Hwy (Rt 17), near the intersection of George Washington Memorial Hwy & Victory Blvd (Rt 171). Immediately across from Super Wal-Mart & next to Sonic Restaurant. New commercial development also slated for the other side of the property. New development anticipated to contain a Walgreens Drug Store. |
Business to Business BrokersBusiness Only transactions require a unique expertise to complete. First, the business must be evaluated for its true value. How is a Business Without Real Estate Valued?Without real estate, a business may still have a tremendous amount of value. For example, if a sign company has been leasing a building for 30 years, they still have a client base, and a brand name that is locally recognized. A client base and a name in the community is an asset. Some businesses, such as service-based industries, may have intellectual capital. For example, a company that trains executives how to be more effective might have copyrighted and licensed training modules designed for this purpose. That training module has real value in the eyes of the lender. There are numerous other criteria on how businesses are valued, according to assets and financials. The VonCannon Starke team are experts in this arena. Contact us at vonmor1@cox.net.Sound Advice when Selling a BusinessThe VonCannon Starke team has access to Asset Lenders in the commercial arena. For SBA loans, a business owner must write a business plan one year in advance, and produce financials, and hypothetical information for banks. "When listing your business, I work closely with Asset Lenders to identify hard money and qualified buyers to buy your business," noted Elaine VonCannon.
Evaluating What a Business is Worth: Buying a BusinessA qualified attorney is needed in the state of Virginia in order to sell a business. Check the laws for your own state. Here are essential aspects of a business that must be analyzed to obtain a business valuation:
Business ValuationsWhen performing a business valuation, do not put too much emphasis on the profit and loss statement. Profit and loss statements are not the defining principle of a good business buy. VonCannon Starke will help the business buyer identify commercial investments with great potential, high yield to cap rates, and maximum return on investment. We will help you evaluate the client base, and offer suggestions to improve on the product or service that will make the business more profitable. Rely on the VonCannon Starke team for solid advice on all commercial purchases. |
