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    13385-13423 Booker T Washington Hwy Hardy, VA 24101

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    For Lease
    $12 SF/Yr ($1,200 /Mo)

    In-line office, restaurant, and retail/service space for lease.

    Property size:
    1,200 SF
    Lot size:
    3.62 Acres

    Property Features for 13385-13423 Booker T Washington Hwy

    General Information

    Size
    1,200 SF
    Lot size
    3.62 Acres

    Source: Poe & Cronk Real Estate Group Agent Bryan Musselwhite

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

    Overview

    Resort Area Retail/Office Space

    This well-performing investment property is located in the resort area of Smith Mountain Lake. The center contains approximately 20,000 square feet of in-line office, restaurant, and retail/service space. Competitive lease rates and an excellent location make the property attractive to local businesses. There are currently four spaces available for lease. The property is situated at the signalized intersection of routes 616 and 122, a crossroads for the area. Surrounding new construction complements this property. Smith Mountain Lake is a resort community in the Blue Ridge Mountains of southwestern Virginia, with strong seasonal activity and a fast-growing population. It is located in the growing Westlake section of Smith Mountain Lake and features a good tenant mix of local businesses. One available space is 1,200 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Building Supply Law Firm Realty agency Wholesale Shop Dental Office Spa & Massage Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    Westlake Towne Center, C S Threads, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Hardy
    County
    Franklin
    State
    Virginia
    Longitude
    -79.7126026
    Latitude
    37.1211577

    Nearby Similar for Lease

    • Contact for pricing
      7,221 SF

      Retail and Restaurant Spaces Available

      Retail and restaurant spaces for lease in Westlake Shopping Center.
      13307-13369 Booker T Washington Hwy, Hardy, VA 24101
      View Details
    • $14 SF/Yr
      1,140 SF

      Retail Space in Growing Area

      Retail space in Smith Mountain Lake's growing Westlake area.
      70 Scruggs Rd, Hardy, VA
      View Details

    FAQs

    What type of property is this?
    Shopping center - In-line office, restaurant, and retail/service space for lease.
    Where is this shopping center located?
    The property is located at 13385-13423 Booker T Washington Hwy Hardy, VA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Well-performing investment property in the Smith Mountain Lake resort area.; - Located at the signalized intersection of Routes 616 and 122, a crossroads location.; - Competitive lease rates attractive to local businesses.
    (540) 314-7796
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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
    13385-13423 Booker T Washington Hwy Hardy, VA 24101
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