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    273 Riverbend Rd Altavista, VA 24517

    For Sale
    $674,900

    Commercial/Indust - Altavista, VA

    Lot size:
    1.38 Acres
    Days on Market:
    260
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 273 Riverbend Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    70C-1-15
    Lot size
    1.38 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Other (Heating)
    Cooling system
    Heat Pump, Other (Cooling)

    Building Details

    Year built
    1960
    Flooring type
    Concrete, Other, Tile, Vinyl
    Roof type
    Aluminum, Other
    Architectural style
    Other

    The Realty Group Lynchburg dba Keller Williams (434) 534-9113 [email protected]

    Listing agent Audrey Roberts (434) 534-9113 License #0225244928

    Listing date Mar 21, 2025

    MLS# 355513 Listing URL

    Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Route 29 Commercial Opportunity

    Located on Route 29 near Altavista and a short drive from Lynchburg, this commercial property offers an excellent business opportunity. Included with the property are dog kennels, grooming supplies, and a Connex box. The main building provides 2,160 square feet of space, featuring open areas, office space, and two remodeled bathrooms, suitable for various business uses. A 40' x 56' metal barn, constructed in 2019, is fully finished with insulation, drywall, mini-splits, and fresh paint. The property benefits from high visibility with over 40,000 vehicles passing by daily. Additional features include ample parking, commercial zoning, county water, a newly fenced yard with an 8-foot privacy fence, and Shentel Internet. The lot size is 1.379 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The K-9 Academy Dog Trainer

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Department Store Food Market Grocery Store Discount Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Altavista
    County
    Campbell
    State
    Virginia
    Longitude
    -79.2313999
    Latitude
    37.1462688

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    FAQs

    What type of property is this?
    Specialty property - Commercial property on Route 29 near Altavista with versatile space.
    Where is this specialty property located?
    The property is located at 273 Riverbend Rd Altavista, VA.
    What is the asking price?
    The asking price for this property is $674,900.
    What are key features of this property?
    This property features: - High-traffic location on Route 29 with over 40,000 vehicles passing daily, providing excellent business exposure.; - Includes dog kennels, grooming supplies, and a Connex box, offering a turnkey solution for related businesses.; - Spacious, fully finished 40' x 56' metal barn (built 2019) with insulation, drywall, mini-splits, and fresh paint.
    (434) 534-9113
    Request Owner's contact information
    273 Riverbend Rd Altavista, VA 24517
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    Altavista, VA 24517
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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
    273 Riverbend Rd Altavista, VA 24517
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