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Grottoes, VA Banks for Sale

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Mt Crawford, VA Weyers Cave, VA Mount Crawford, VA Mount Sidney, VA Fort Defiance, VA Harrisonburg, VA Penn Laird, VA Crimora, VA
Single-Tenant NNN Bank Property
Updated: Aug 5
Single-Tenant NNN Bank Property

106 SIXTH ST, Grottoes, VA 24441

Contact for pricing
2,768 sqft
2,768‑square‑foot bank building constructed in 1968
Atlantic Union Bank lease runs through September 2040
NNN structure with zero landlord responsibilities
1.50% annual increases; two 5‑year options include 2.00% annual increases
Corporate guarantee from Atlantic Union Bankshares Corporation; KBRA A- rating
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Grottoes, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail/Bank Building Investment Opportunity
Retail/Bank Building Investment Opportunity

3225 Old Forest Rd., Lynchburg, VA 24501

$975,000
2 sqft

Retail/Bank building on Walmart outparcel with lease in place.

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Triple-Net Bank Building
Triple-Net Bank Building

3557 Plank Road, Fredericksburg, VA 22407

Contact for pricing
2,250 sqft 0.90 AC lot

1982-built bank property on an estimated 0.9-acre parcel, subject to an absolute triple-net lease.

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Freestanding Bank with Drive-Through
Freestanding Bank with Drive-Through

25 Banks Ford Parkway, Fredericksburg, VA 22406

Contact for pricing
2,782 sqft 0.98 AC lot

Single-tenant net-leased Chase Bank with three canopied drive-thru lanes and dedicated ATM lane.

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Retail/Bank Building on Walmart Outparcel
Retail/Bank Building on Walmart Outparcel

3225 Old Forest Rd, Lynchburg, VA 24501

$975,000
2,882 sqft

Retail/Bank building for sale on Walmart outparcel with lease.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Richmond, KY Out Parcel Land
Richmond, KY Out Parcel Land

2072 Merchant Drive, Richmond, KY 40475

$1,400,000
1.71 AC lot

1.71 acre outparcel ideal for retail, restaurant, or office.

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Corner Commercial Land with Triple Frontage
Corner Commercial Land with Triple Frontage

Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

$1,692,300
2.59 AC lot

Corner commercial development site with 3 road frontages and completed environmental and wetland study reports.

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Commercial Land in Terrytown
Commercial Land in Terrytown

121 Holmes Boulevard, Terrytown, LA 70056

$65,000

Vacant commercial land ready for development in Terrytown, Louisiana.

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Dev-Ready Commercial Corner Land
Dev-Ready Commercial Corner Land

-- Highway 412, E Kenwood, Siloam Springs, AR 72761

$735,000
8,252 sqft 1.47 AC lot

Dev-ready corner parcel with city-approved engineered plans and frontage along Hwy 412, including multiple ingress and egress points.

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Off-Market Properties in Grottoes, VA

Consider similar Off-Market properties in Grottoes, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

200 Augusta Ave
FINANCIAL BUILDING

200 Augusta Ave, Grottoes, VA 24441-2402

$310,000
Estimated value
0.33 AC lot
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106 6th St
FINANCIAL BUILDING

106 6th St, Grottoes, VA 24441-1735

$1,750,000
Estimated value
0.08 AC lot
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Grottoes, VA Banks Market Trends and Statistics

Explore 3 banks for sale in Grottoes, VA on our real estate platform. These investment opportunities span a total of 2,768 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Banks 1

Demographics Overview

Population 6,376
Population Growth (5Y) +2.4%
Median Household Income $80,288
College Educated 20.6%

Taxes & Financing

Tax Rate (average for all types) 0.60%
Property Tax per SF $16.33 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rockingham County

New Delisted

Total CRE Inventory on Market (SF)

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