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    Water St Gate City, VA 24251

    Sponsored
    For Sale
    $400,000

    COMMERCIAL - Gate City, VA

    Lot size:
    1.71 Acres
    Days on Market:
    130
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for Water St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    146a7 9 1-13
    Lot size
    1.71 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Century 21 Legacy (423) 239-6112 [email protected]

    Listing agent Daniel Jackson (423) 845-5800 License #268378

    Listing date Aug 30, 2025

    Copyright © 2025 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

    Commercial Property in Gate City, VA

    Located in Gate City, Virginia, this commercial property offers significant road frontage. The property, formerly a car dealership, presents opportunities for various ventures, including a retail complex, office or professional building, or restaurant space. The lot size is 1.71 acres. All information regarding the property is derived from tax records and third-party sources, and verification by the buyer is recommended.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Gate City
    County
    Scott
    State
    Virginia
    Longitude
    -82.578678
    Latitude
    36.638361

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    FAQs

    What type of property is this?
    Retail property - Prime commercial property with road frontage in Gate City, VA.
    Where is this retail property located?
    The property is located at Water St Gate City, VA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Prime location in Gate City; - Impressive road frontage; - High potential for retail, office, or restaurant ventures
    (423) 845-5800
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    Water St Gate City, VA 24251
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    Gate City, VA 24251
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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
    Water St Gate City, VA 24251
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