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    15856 Porterfield Hwy Abingdon, VA 24210

    For Sale
    $599,000

    High-visibility commercial building on a signalized corner.

    Property size:
    7,526 SF
    Lot size:
    0.64 Acres

    Property Features for 15856 Porterfield Hwy

    General Information

    Size
    7,526 SF
    Lot size
    0.64 Acres

    Source: TCI Group - Lowry & Foster, Inc. Agent Richard S. Armstrong, III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Signalized Corner Commercial Building

    This 7,526 square foot commercial building is located on a signalized corner with high traffic counts. Situated on Highway 58, the state highway from Abingdon, Virginia, into western Southwest Virginia, it offers excellent visibility. The corner location at Elementary Drive provides access to several large churches and Abingdon Elementary School, ensuring consistent traffic flow. The building's flexible layout has accommodated various uses and is suitable for a variety of businesses. This site presents a business opportunity with excellent visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    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
    Abingdon
    County
    Washington
    State
    Virginia
    Longitude
    -82.0137257
    Latitude
    36.7207713

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    FAQs

    What type of property is this?
    Office building - High-visibility commercial building on a signalized corner.
    Where is this office building located?
    The property is located at 15856 Porterfield Hwy Abingdon, VA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Signalized corner location; - Excellent visibility; - High traffic counts
    (423) 967-9486
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    15856 Porterfield Hwy Abingdon, VA 24210
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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
    15856 Porterfield Hwy Abingdon, VA 24210
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