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    121 S Independence Ave Independence, VA 24348

    Picture of Commercial land at S Independence Ave 121, Independence, VA
    For Sale
    $199,000

    COMMERCIAL - Independence, VA

    Lot size:
    0.80 Acres
    Days on Market:
    190
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 121 S Independence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    0.80 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Additional Structures
    None

    Angela Brown & Associates Real Estate LLC (276) 773-2256 [email protected]

    Listing agent Angela Brown (276) 233-7009

    Listing date Jun 2, 2025

    MLS# 61840 Listing URL

    Copyright © 2025 Southwest Virginia Association of Realtors. 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 Lots in Independence, VA

    This property features three separate commercial lots, presenting an investment opportunity suitable for constructing a franchise or a new business. The location offers proximity to the town square and various amenities. The property provides views of the Grayson County Court House and convenient access to local attractions. The total lot size is 0.8 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Independence
    County
    Grayson
    State
    Virginia
    Longitude
    -81.1522453
    Latitude
    36.6218734

    Nearby Similar for Sale

    • $79,000
      1,500 SF

      Commercial Property Near Historic Courthouse

      Commercial property with office space, conference rooms, and kitchen area.
      116-122 N Independence Ave, Independence, VA 24348
      View Details

    FAQs

    What type of property is this?
    Commercial land - Three commercial lots suitable for franchise or new business construction.
    Where is this commercial land located?
    The property is located at 121 S Independence Ave Independence, VA.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Three separate lots included in the property.; - Ideal location for a franchise or new business.; - Walking distance to the town square and numerous amenities.
    (276) 233-7009
    Request Owner's contact information
    121 S Independence Ave Independence, VA 24348
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    Independence, VA 24348
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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 S Independence Ave Independence, VA 24348
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