Updated May 15, 2025
Vanio Studzinski & Brother Lawn Service LLC Purchases Industrial Building In Culpeper For $1M
15544 Braggs Corner Road & 15546 Braggs Corner Road
$1,000,000
$137/SF
Building Size
3,630 SF
Asset Type
Industrial
Closing
May 8, 2025
About this deal
AI
The property involved in this transaction is a 3,630 sq. ft. industrial/flex building located at 15544-15546 Braggs Corner Road in Culpeper, VA. It was sold for a price of $1,000,000, translating to a price per square foot of $275.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,000,000
- Square Footage: 3,630
- Address: 15544-15546 Braggs Corner Road
- Market: Culpeper, VA
- Buyer: Vanio Studzinski & Brother Lawn Service, LLC
- Broker: Jamie A. Scully & CCIM - Cushman & Wakefield
Vanio Studzinski and Brother Lawn Service, LLC acquired the property as an investment, facilitated by broker Jamie A. Scully, who represents Cushman & Wakefield in this transaction.
Culpeper Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93