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    Highway 16, Unit 66 Marion, VA 24354

    Sponsored
    For Sale
    $59,000

    COMMERCIAL - Marion, VA

    Lot size:
    0.30 Acres
    Days on Market:
    14
    Last Refresh:
    Jan 6 at 1:06 pm

    Property Features for Highway 16

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Cleared
    Zoning
    Commercial
    Lot size
    0.30 Acres

    Building Details

    Additional Structures
    None

    Four Seasons of Southwest Virginia, Inc. (276) 228-3242 [email protected]

    Listing agent Mitch Anders (276) 724-0166

    Listing date Dec 24, 2025

    MLS# 104420 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 Lot Near I-81 Exit

    This is a level commercial lot situated along Highway 16 in Marion, Virginia, near Exit 45 of Interstate I-81. The 0.3-acre lot is positioned at the convergence of the interstate corridor and the natural resources of the area. The location may be suitable for businesses aiming to utilize the natural resources of Southwest Virginia. Potential business options include truck and trailer parking or a convenience store, taking advantage of the high traffic volume between Roanoke and Bristol.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Marion
    County
    Smyth
    State
    Virginia
    Longitude
    -81.50330242
    Latitude
    36.82545982

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot near I-81 Exit 45 in Marion, Virginia.
    Where is this commercial land located?
    The property is located at Highway 16, Unit 66 Marion, VA.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: - Highly accessible location directly off Interstate 81 (Exit 45) and Highway 16.; - Level, easy-to-develop commercial lot.; - High traffic volume location between Roanoke and Bristol.
    (276) 724-0166
    Request Owner's contact information
    Highway 16, Unit 66 Marion, VA 24354
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    Marion, VA 24354
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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
    Highway 16, Unit 66 Marion, VA 24354
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