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    2940-2960 Clinch St Richlands, VA 24641

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    For Lease
    $5 SF/Yr ($19,057 /Mo)

    Commercial land for lease with utilities on site.

    Property size:
    43,560 SF
    Lot size:
    15.32 Acres

    Property Features for 2940-2960 Clinch St

    General Information

    Size
    43,560 SF
    Lot size
    15.32 Acres

    Source: CBC Brooks Real Estate Agent David Burks

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

    Overview

    Road Frontage Land For Lease

    This commercial land for lease features 1,500 feet of road frontage on both RT 460 and Clinch St, and is located directly across from Clinch Valley Medical Center. The site offers two potential lots suitable for a variety of business needs. Lot A is conceptually 0.75 acres, while Lot B is conceptually 1 acre. The lot sizes can be adjusted to fit specific requirements. Both lots are paved and come with utilities on site or very nearby, making setup straightforward. The property size is 43,560 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richlands
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.8210761
    Latitude
    37.0927327

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    FAQs

    What type of property is this?
    Commercial land - Commercial land for lease with utilities on site.
    Where is this commercial land located?
    The property is located at 2940-2960 Clinch St Richlands, VA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - High road frontage (1,500 feet) on two major roads (RT 460 and Clinch St).; - Location directly across from Clinch Valley Medical Center.; - Utilities on site or nearby for easy setup.
    (757) 229-1507
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    2940-2960 Clinch St Richlands, VA 24641
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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
    2940-2960 Clinch St Richlands, VA 24641
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