Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Automotive
  
  Gas Station
  
  Grocery Store
  
  Showroom
- Residential Income
  
  Multifamily
  
  Triplex
- Mixed-Use
- Land
  
  Residential
Rent
Analytics
- Analytics Center
- Insight Report
- Recently Sold
- Value Estimation
- Cap Rate
- Ownership Records
- Location Intelligence
- Business Placement
- Off-Market Leads
- Zoning Insight

Advertise Sign In

For Sale
- Retail
  - Automotive
  - Gas Station
  - Grocery Store
  - Showroom
- Residential Income
  - Multifamily
  - Triplex
- Mixed-Use
- Land
  - Residential
For Lease
Analytics Center
Insight Report
Recently Sold
Value Estimation
Cap Rate
Ownership Records
Location Intelligence
Business Placement
Off-Market Leads
Zoning Insight
Advertise
Find Brokers

Spencer, VA

Spencer, VA Commercial Real Estate for Sale

List

Map

Stoneville, NC Martinsville, VA Mayodan, NC Sandy Ridge, NC Patrick Springs, VA Fieldale, VA Stuart, VA Bassett, VA

Highway-Front Fuel, Retail & Rentals

Updated: Jun 11

Highway-Front Fuel, Retail & Rentals

43 Old Well Rd, Spencer, VA 24165

$2,500,000

2,115 sqft 1.02 AC lot

High‑visibility commercial property on Rt. 58 with highway‑front showroom and sales lot
Includes former gas station setup and convenience store with in‑store caf area (currently not selling fuel)
Mixed residential income: one 3BR/1BA owner‑occupied apartment plus two 1BR/1BA rental apartments
Separate brick home on‑site with 2BR/1BA, enclosed porch, and private driveway
Year built: 1950

Mixed-Use Commercial Property

Updated: Jul 6

Mixed-Use Commercial Property

43 Old Well Rd, Spencer, VA 24165

$2,500,000

2,115 sqft

High‑visibility mixed‑use property on Rt. 58 with convenience store and in‑store caf area
Gas station infrastructure with two 10,000‑gallon fuel tanks; tanks were recently re‑certified (certification every 3 years)
Residential income includes 3 apartments: one 3BD/1BA owner‑occupied unit plus two 1BD/1BA rental units
Separate brick home with 2BD/1BA, enclosed porch, and its own private driveway
One well and two septic systems servicing the property

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

35+ Acre Development-Ready Land

35+ Acre Development-Ready Land

17007 A L Philpott Highway, Martinsville, VA 24112

$300,000

1,539,410 sqft 35.00 AC lot

35+ acres in Horsepasture Community with Blue Ridge views.

Development-Ready Agricultural Land

Development-Ready Agricultural Land

17007 A L Philpott Hwy, Martinsville, VA 24112

$290,000

35.34 AC lot

Development-ready agricultural tract with public water meter, current perc test, and approved septic design, plus a partially graveled driveway.

Fieldale Commercial Building For Sale

Fieldale Commercial Building For Sale

767 Dillons Fork Rd, Fieldale, VA 24089

$48,000

640 sqft 0.35 AC lot

Commercial building with business and storage space in high-traffic area.

Fieldale, VA Land Parcel

Fieldale, VA Land Parcel

Lauren Mill Dr, Fieldale, VA 24089

Contact for pricing

0.50 AC lot

A-1 zoned land parcel close to local amenities.

Off-Market Properties in Spencer, VA

Consider similar Off-Market properties in Spencer, 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.

921 Old Wl Rd

COMMERCIAL (GENERAL)

921 Old Wl Rd, Spencer, VA 24165

Value Estimation by Request

14 Pne Knl Rd

COMMERCIAL (GENERAL)

14 Pne Knl Rd, Spencer, VA 24165-3331

Value Estimation by Request

1.01 AC lot

95 Ridgecrest Ave

COMMERCIAL (GENERAL)

95 Ridgecrest Ave, Spencer, VA 24165

$600,000

Estimated value

660 sqft

Virginia Ave

COMMERCIAL (GENERAL)

Virginia Ave, Spencer, VA 24165

Value Estimation by Request

0.14 AC lot

20985 A L Philpott Hwy

COMMERCIAL (GENERAL)

20985 A L Philpott Hwy, Spencer, VA 24165

Value Estimation by Request

13.99 AC lot

22642 Al Philpott Hwy

COMMERCIAL (GENERAL)

22642 Al Philpott Hwy, Spencer, VA 24165

Value Estimation by Request

1,296 sqft 9.25 AC lot

22485 Al Philpott Hwy

COMMERCIAL (GENERAL)

22485 Al Philpott Hwy, Spencer, VA 24165-3188

$2,155,000

Estimated value

1,200 sqft 2.94 AC lot

21912 Al Philpott Hwy

COMMERCIAL (GENERAL)

21912 Al Philpott Hwy, Spencer, VA 24165

Value Estimation by Request

Jeb Stuart Hwy

COMMERCIAL (GENERAL)

Jeb Stuart Hwy, Spencer, VA 24165

Value Estimation by Request

11.65 AC lot

Stones Dairy Rd

COMMERCIAL (GENERAL)

Stones Dairy Rd, Spencer, VA 24165

Value Estimation by Request

0.91 AC lot

Rachel Ct

COMMERCIAL (GENERAL)

Rachel Ct, Spencer, VA 24165

Value Estimation by Request

0.50 AC lot

1100 Morehead Ave

COMMERCIAL (GENERAL)

1100 Morehead Ave, Spencer, VA 24165

Value Estimation by Request

3.82 AC lot

4317 Appalachian Dr

COMMERCIAL (GENERAL)

4317 Appalachian Dr, Spencer, VA 24165

Value Estimation by Request

23300 Al Philpott Hwy

COMMERCIAL (GENERAL)

23300 Al Philpott Hwy, Spencer, VA 24165-3220

Value Estimation by Request

3.93 AC lot

43 Old Wl Rd

COMMERCIAL (GENERAL)

43 Old Wl Rd, Spencer, VA 24165-3179

Value Estimation by Request

900 sqft 1.02 AC lot

30510 Jeb Stuart Hwy

COMMERCIAL (GENERAL)

30510 Jeb Stuart Hwy, Spencer, VA 24165-3585

Value Estimation by Request

0.74 AC lot

2160 Golf Crse Rd

COMMERCIAL (GENERAL)

2160 Golf Crse Rd, Spencer, VA 24165

Value Estimation by Request

79.15 AC lot

137 Coleman Ln

COMMERCIAL (GENERAL)

137 Coleman Ln, Spencer, VA 24165-3502

Value Estimation by Request

26.10 AC lot

Arrowhead Cir

COMMERCIAL (GENERAL)

Arrowhead Cir, Spencer, VA 24165

Value Estimation by Request

4.00 AC lot

17815 A L Philpott Hwy

CHARITABLE ORGANIZATION

17815 A L Philpott Hwy, Spencer, VA 24165

Value Estimation by Request

0.95 AC lot

Spencer, VA 24165

VACANT COMMERCIAL LAND

Spencer, VA 24165

Value Estimation by Request

8.70 AC lot

Spencer, VA 24165

COMMERCIAL (GENERAL)

Spencer, VA 24165

Value Estimation by Request

11.28 AC lot

Spencer, VA Commercial Real Estate Market Trends and Statistics

Explore 35 commercial real estate for sale in Spencer, VA on our real estate platform. These investment opportunities span a total of 4,230 square feet of properties for sale, with an estimated market value of $5,000,000.

Sale prices for business properties in Spencer, VA average $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Demographics Overview

Population 1,633

Population Growth (5Y) +21.0%

Median Household Income $62,206

College Educated 8.5%

High-Yield Neighborhoods for Investment

Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
24165	$1.4M

Taxes & Financing

Tax Rate (average for all types) 0.60%

Property Tax per SF $1.23 per SF

Tax Rate vs County Average 0.01 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henry County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings