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    730 NE Virginia Ave Norton, VA 24273

    Sponsored
    For Sale
    $70,000

    COMMERCIAL - Norton, VA

    Property size:
    5,860 SF
    Lot size:
    0.15 Acres
    Days on Market:
    24
    Last Refresh:
    Jan 7 at 7:06 pm

    Property Features for 730 NE Virginia Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMERCIAL
    APN
    232n1070
    Size
    5,860 SF
    Lot size
    0.15 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1920
    Building materials
    Stone, Vinyl Siding
    Roof type
    Composition, Shingle

    APPALACHIAN REALTY SPECIALISTS, LLC (276) 523-2635

    Listing agent Brenda Hill (276) 523-2635 License #0225080332, 310750

    Listing date Dec 15, 2025

    Copyright © 2026 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

    Norton Apartment Building For Sale

    This 18-unit apartment building is located in Norton, Virginia, at the corner of Virginia Avenue and Kline Avenue. The building features vinyl siding, a stone foundation, and a shingled roof. Heating is provided by baseboard heaters, and the property is connected to public water and sewer services. Each unit is equipped with its own electric meter. The building has 5860 square feet of space on a 0.15-acre lot. Two basement apartments have walkout access to Virginia Avenue, while the first and second floors have walkout access to Eighth Street and Kline Avenue. The property has commercial zoning. On-street parking is available. The building needs some TLC but has great income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norton
    County
    Norton
    State
    Virginia
    Longitude
    -82.630091
    Latitude
    36.934932

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    FAQs

    What type of property is this?
    Apartment building - 18-unit apartment building with income potential in Norton, Virginia.
    Where is this apartment building located?
    The property is located at 730 NE Virginia Ave Norton, VA.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - 18-unit apartment building offers significant income potential.; - Each unit has its own electric meter, simplifying billing and management.; - Public water and sewer connections.
    (276) 393-1942
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    Norton, VA 24273
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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
    730 NE Virginia Ave Norton, VA 24273
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