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    135 Envision Dr Wytheville, VA 24382

    Sponsored
    For Sale
    $640,000

    17.5 Acres, Commercial Building, Views

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 17.5-acre commercial investment opportunity in Wytheville, VA, boasts unparalleled visibility overlooking Interstates 81 and 77, situated conveniently between exits 77 and 80. The property features a substantial 2,500 square foot block commercial building constructed in 1998, equipped with two large garage doors, offering ample space for various commercial ventures. Also included is a spacious 2,052 square foot doublewide mobile home built in 2008, providing five bedrooms or adaptable office spaces, and a separate outbuilding. The expansive acreage presents significant development potential, allowing for the creation of a subdivision or the expansion of existing commercial operations. The property's elevated position provides stunning mountain views, enhancing its appeal and marketability. This versatile property is ideal for a diverse range of commercial uses, offering a unique blend of existing structures and significant land for future growth. The combination of high visibility, ample space, and scenic views makes this a truly remarkable investment opportunity. The property's location offers easy access to major transportation arteries, making it an attractive option for businesses seeking convenient access to regional and national markets.

    Property Features for 135 Envision Dr

    General Information

    Property type
    Investment properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Hair Salon Nail Salon Food Market Grocery Store Discount Store Convenience Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wytheville
    County
    Other
    State
    Virginia
    Longitude
    -80.9781
    Latitude
    36.93814

    Nearby Comparable

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    FAQs

    What type of property is this?
    Investment property - 17.5 Acres, Commercial Building, Views
    Where is this investment property located?
    The property is located at 135 Envision Dr Wytheville, VA.
    What is the asking price?
    The asking price for this property is $640,000.
    (336) 283-8691
    Request Owner's contact information
    135 Envision Dr Wytheville, VA 24382
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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
    135 Envision Dr Wytheville, VA 24382
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