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Property profile & analytics
FOR SALE
Commercial real estate

1107 N Main St Blacksburg, VA 24060

2,766 SF Built 1952
Entity Owned Free & Clear
Property ID
US87-1582909
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational gas station and service center ideally situated at 1107 N Main Street in Blacksburg, Virginia. Boasting a prime corner location on a 0.33-acre lot, this property benefits from high visibility and consistent traffic flow due to its proximity to the bustling Virginia Tech campus. The 2,766 square foot building provides ample space for all aspects of the business, ensuring efficient operations and customer service. The property's strategic placement on Main Street guarantees a steady stream of potential customers, making it an attractive proposition for both established businesses and new entrepreneurs seeking a foothold in a vibrant and growing market. The asking price is $1,850,000. This turnkey operation offers immediate income potential and significant long-term growth prospects within a well-established commercial district. The property's location offers excellent accessibility for customers and convenient logistics for suppliers. This is a rare opportunity to acquire a well-established business in a high-demand area with a proven track record of success. The substantial foot and vehicular traffic ensures a consistent customer base, making this a truly exceptional investment opportunity. Serious inquiries are encouraged to explore this lucrative venture further. The property is ready for immediate occupancy and continued operation.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1952
Total area 2,766 SF
Zoning code GC
APN 226- 20 9
UPID US87-1582909
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Price's Service Center Auto Repair Shop
  • Pure Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
WILLIAM A PRICE LLC
WILLIAM A PRICE LLC
Zoning & alternative use
GC · Blacksburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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