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    104 Scruggs Rd Moneta, VA 24121

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    For Lease
    $14 SF/Yr ($2,800 /Mo)

    Retail space in a growing Smith Mountain Lake location.

    Property size:
    2,400 SF
    Lot size:
    1.28 Acres

    Property Features for 104 Scruggs Rd

    General Information

    Size
    2,400 SF
    Lot size
    1.28 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

    Retail Space in Growing Area

    This 2,400-square-foot retail space is situated in a growing area of Smith Mountain Lake. Located on Route 616/Scruggs Rd, within the Westlake Corner Business Center, the property benefits from its surroundings, which include new construction. The location is appealing to local businesses. Smith Mountain Lake is a resort community within the Blue Ridge Mountains of southwestern Virginia, experiencing strong seasonal activity and a fast-growing population. The lease rates are competitive, and the tenant is responsible for utilities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Moneta
    County
    Bedford
    State
    Virginia
    Longitude
    -79.712945
    Latitude
    37.118649

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space Near Smith Mountain

      29,000 SF retail space available for immediate sublease.
      13326 Booker T Washington Hwy, Moneta, VA 24121
      View Details
    • Contact for pricing
      7,221 SF

      Retail and Restaurant Spaces Available

      Retail and restaurant spaces for lease in Moneta, Virginia.
      13326-13374 Booker T Washington Hwy, Moneta, VA 24121
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in a growing Smith Mountain Lake location.
    Where is this retail space located?
    The property is located at 104 Scruggs Rd Moneta, VA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in a growing part of Smith Mountain Lake; - Excellent location appealing to local businesses; - Competitive lease rates
    (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
    104 Scruggs Rd Moneta, VA 24121
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