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    5656 Floyd Hwy S Willis, VA 24380

    For Sale
    $189,000

    Commercial - Willis, VA

    Lot size:
    0.60 Acres
    Days on Market:
    242
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 5656 Floyd Hwy S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    6249
    Lot size
    0.60 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1950
    Architectural style
    Other

    United Country Blue Ridge Land & Auctin Co Inc (540) 745-2005 [email protected]

    Listing agent Levi Cox (540) 745-2005 License #0225217513

    Listing date Apr 10, 2025

    MLS# 422287 Listing URL

    Copyright © 2025 New River Valley 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

    Remodeled Duplex in Willis, VA

    This remodeled structure, located in the heart of Willis, Virginia, presents an investment opportunity. The property features two units: Unit A, which offers 3 bedrooms and 1.5 bathrooms, and Unit B, which offers 2 bedrooms and 1 bathroom. Each unit is served by an individual electric meter base. The property is situated on a 0.6-acre lot and is within walking distance of the Willis Village Mart, Jim's Grill, the post office, and a bank.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Food Market Storage Facility Grocery Store Convenience Store Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Willis
    County
    Floyd
    State
    Virginia
    Longitude
    -80.482696
    Latitude
    36.857421

    Nearby Similar for Sale

    • $179,000
      Pending

      Updated Duplex in Willis, VA

      Cash-flowing duplex with recent updates, generating approximately $24,600 annually.
      110 Merifield Rd, Willis, VA 24380
      View Details
    • $189,000
      0.60 Acres

      Willis Commercial Duplex Investment

      Two-unit remodeled commercial property in Willis, VA.
      5656 Floyd Hwy, Willis, VA 24380
      View Details
    • $179,000
      0.14 Acres

      Willis, VA Commercial Multi-Family

      Cash-flowing rental property, two units.
      110 Merifield Rd, Willis, VA 24380
      View Details

    FAQs

    What type of property is this?
    Duplex - Remodeled duplex in the heart of Willis, VA, investment opportunity.
    Where is this duplex located?
    The property is located at 5656 Floyd Hwy S Willis, VA.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: - Investment opportunity with two separate units; - Remodeled structure, move-in ready; - Unit A: features 3 bedrooms, 1.5 bathrooms; Unit B: 2 bedrooms, 1 bathroom
    (540) 745-2005
    Request Owner's contact information
    5656 Floyd Hwy S Willis, VA 24380
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    Willis, VA 24380
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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
    5656 Floyd Hwy S Willis, VA 24380
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