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    325 Factory Outlet Dr Fort Chiswell, VA 24360

    For Sale
    $3,900,000

    Versatile 38-acre estate with mansion, restaurant, and event venue.

    Lot size:
    37.87 Acres

    Property Features for 325 Factory Outlet Dr

    General Information

    Lot size
    37.87 Acres

    Building Details

    Year built
    1839

    Source: FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY Agent ANDREW HARDY

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

    Overview

    Fort Chiswell Mansion & Estate

    The Fort Chiswell Mansion & Estate, situated on nearly 38 acres, provides over 13,000 square feet of versatile space that combines luxury with commercial opportunities and timeless character. The main mansion includes 5 bedrooms, 3.5 baths, and a master suite with electric HVAC. Architectural details are present throughout the building, which also features gas and wood fireplaces. The estate has a fully operational restaurant/smokehouse and a newly expanded 40-foot by 150-foot covered timber frame outdoor event venue that can accommodate up to 310 guests. Event parking is available for over 100 cars, with additional overflow space. The property is suitable for weddings, festivals, hospitality, and destination business ventures, with ample lawn areas ideal for markets or vendor pop-ups. This painstakingly restored and thoughtfully updated landmark is a turnkey opportunity for investors or operators looking to own a one-of-a-kind venue in a high-visibility location.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Restaurant Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store Hotel & Motel Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Chiswell
    County
    Wythe
    State
    Virginia
    Longitude
    -80.9365566
    Latitude
    36.9461758

    Nearby Similar for Sale

    • $2,900,000

      Fort Chiswell Mansion & Estate

      Versatile 5-acre estate with mansion, restaurant, and event venue.
      325B Factory Outlet Dr, Fort Chiswell, VA 24360
      View Details

    FAQs

    What type of property is this?
    Hotel - Versatile 38-acre estate with mansion, restaurant, and event venue.
    Where is this hotel located?
    The property is located at 325 Factory Outlet Dr Fort Chiswell, VA.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Turnkey estate with fully operational restaurant/smokehouse and established event venue; - Expansive 38-acre property suitable for weddings, festivals, hospitality, and destination businesses; - Newly expanded 40' x 150' covered timber frame outdoor event venue accommodating up to 310 guests
    (213) 458-4464
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    325 Factory Outlet Dr Fort Chiswell, VA 24360
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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
    325 Factory Outlet Dr Fort Chiswell, VA 24360
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