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    50 Firstwatch Dr Moneta, VA 24121

    Sponsored
    For Sale
    $2,500,000

    Moneta, VA: 7-unit retail investment

    Property size:
    22,134 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a fully occupied, 22,134 square foot retail center nestled within the vibrant Lakewatch Plantation community in Moneta, Virginia. The property boasts seven diverse retail spaces, currently leased to a strong tenant mix including The Copper Kettle Co. Restaurant, City Electric Supply, PAC Interiors, Domino's Pizza, Body 4 U, and Farmhouse Catering & Meals To Go, ensuring a consistent income stream. Situated on a 3.76-acre lot, the center offers ample parking with 116 spaces to accommodate customers and employees. The property benefits from public water and sewer services, simplifying operations and maintenance. Lakewatch Plantation itself is a thriving community spanning approximately 479 acres, offering a variety of residential, commercial, and recreational amenities. Residents and visitors enjoy access to waterfront areas, a YMCA, and numerous other conveniences. The strategic location between Hales Ford Bridge and Westlake provides excellent accessibility, while proximity to Roanoke (23 miles) and Rocky Mount (17 miles) expands the potential customer base. This is a rare chance to acquire a high-performing retail center in a desirable and rapidly growing area. The gross leasable area totals 22,134 square feet, and the property is currently 100% occupied, providing immediate return on investment. Nearby amenities include Bojangles and Bank of Botetourt, further enhancing the location's appeal.

    Property Features for 50 Firstwatch Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    22,134 SF
    Lot Size
    163,786 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Moneta
    County
    Other
    State
    Virginia
    Longitude
    -79.69512
    Latitude
    37.13334

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    FAQs

    What type of property is this?
    Commercial real estate - Moneta, VA: 7-unit retail investment
    Where is this commercial real estate located?
    The property is located at 50 Firstwatch Dr Moneta, VA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (540) 721-3555
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    50 Firstwatch Dr Moneta, VA 24121
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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
    50 Firstwatch Dr Moneta, VA 24121
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