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    2783 Virginia Ave Narrows, VA 24124

    For Sale
    $569,000

    Commercial - NARROWS, VA

    Lot size:
    0.70 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 2783 Virginia Ave

    General Information

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

    Building Details

    Architectural style
    Other

    OAK & STONE REALTY (304) 320-7640

    Listing agent MELISSA WEDDLE (304) 320-7640

    Listing date Jun 25, 2025

    MLS# 55261 Listing URL

    Copyright © 2025 Mercer Tazewell Co BOR. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Traffic Commercial Land Opportunity

    This 0.7-acre vacant land is located on a highly trafficked section of HWY 460, presenting a lucrative opportunity for business development. The property benefits from average daily traffic ranging between 13,000 to 15,000 in recent years, offering visibility and accessibility. City water, sewer, and natural gas connections are readily available. The property features fully accessible utilities with a mostly hardtop surface, providing a solid foundation for construction. This land is ideal for establishing a new business or franchise, offering a customizable space for growth. The local community is anticipating service and retail businesses. Additional land is negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Narrows
    County
    Giles
    State
    Virginia
    Longitude
    -80.7984262
    Latitude
    37.3369127

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    FAQs

    What type of property is this?
    Commercial land - 0.7-acre vacant land with high visibility and accessible utilities.
    Where is this commercial land located?
    The property is located at 2783 Virginia Ave Narrows, VA.
    What is the asking price?
    The asking price for this property is $569,000.
    What are key features of this property?
    This property features: - High Traffic Location: Situated on HWY 460 with 13,000-15,000 average daily traffic count.; - Utilities Readily Available: City water, sewer, and natural gas connections are available.; - Development Ready: Mostly hardtop surface provides a solid foundation for construction.
    (304) 320-7640
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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
    2783 Virginia Ave Narrows, VA 24124
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