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    121 NW Russell Rd Abingdon, VA 24210

    For Lease
    $1,800 /Mo ($4 SF/Yr)

    COMMERCIAL - Abingdon, VA

    Lot size:
    0.11 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 121 NW Russell Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    commercial
    APN
    011-1-77
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Heat Pump (Heating), Central
    Cooling system
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    1956
    Building materials
    Brick
    Roof type
    Rubber

    MATT SMITH REALTY (276) 477-1500

    Listing agent Maxwell Yates (276) 274-9479 License #225269010

    Listing date Oct 29, 2025

    Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Russell Road

    This commercial property is located on Russell Road in Abingdon, Virginia. The site features 50 feet of road frontage, offering exposure and accessibility. The location benefits from steady traffic and proximity to downtown Abingdon. It is suitable for investors seeking cash flow or redevelopment potential. The property is situated in a business-friendly community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jeff Coale PLC ... Trial Attorney

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Abingdon
    County
    Washington
    State
    Virginia
    Longitude
    -81.98189
    Latitude
    36.708839

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    FAQs

    What type of property is this?
    Commercial land - Commercial property with high visibility and road frontage in Abingdon.
    Where is this commercial land located?
    The property is located at 121 NW Russell Rd Abingdon, VA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on Russell Road with **50 feet of road frontage.**; - Strategic location in the heart of Abingdon, Virginia, close to downtown.; - Ideal for investors seeking stable cash flow.
    (276) 274-9479
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    Abingdon, VA 24210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 NW Russell Rd Abingdon, VA 24210
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