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    2841 Virginia Ave Narrows, VA 24124

    Sponsored
    For Sale
    $799,900

    High-traffic location, established business

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property in Narrows, Virginia, presents a unique investment opportunity. Located directly off Route 460, this 1.25-acre site boasts a thriving, well-established business encompassing a fully operational gas station, a popular convenience store, and a hardware store. The combined businesses cater to both the local community and the steady stream of travelers passing through on Route 460, ensuring a consistent customer base. The property's prime location offers excellent visibility and accessibility, maximizing its potential for continued success and growth. The existing infrastructure is fully operational and ready for immediate ownership, minimizing upfront investment and allowing for a seamless transition. This turnkey operation provides a rare opportunity to acquire a profitable, established business in a desirable location with significant growth potential. The high traffic count on Route 460 guarantees a large pool of potential customers, while the existing loyal customer base ensures immediate revenue generation. This is an ideal investment for an entrepreneur seeking a profitable, established business with a proven track record. The combination of a gas station, convenience store, and hardware store provides diversification and resilience, mitigating risk and maximizing profitability. Don't miss this chance to own a successful and established business in a thriving community.

    Property Features for 2841 Virginia Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    54,450 SF

    Building Details

    Year Built
    1971
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Truck Rental Agency R W Light ... Convenience Store Exxon Gas Station

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Narrows
    County
    Giles
    State
    Virginia
    Longitude
    -80.79553
    Latitude
    37.33934

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, established business
    Where is this commercial real estate located?
    The property is located at 2841 Virginia Ave Narrows, VA.
    What is the asking price?
    The asking price for this property is $799,900.
    (540) 553-8239
    Request Owner's contact information
    2841 Virginia Ave Narrows, VA 24124
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    Narrows, VA 24124
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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
    2841 Virginia Ave Narrows, VA 24124
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