Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 9:12PM

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Investment Insights

Based on property information with market context.

This for-sale retail property is offered with a stated 6.75% cap rate and a total size of 10,640 SF. The listing information presents the asset as a retail investment for buyers evaluating current income performance.

The property is located at 12384 Nickelsville Highway in Nickelsville, VA 24271. Additional details on layout, tenant occupancy, or unit mix are not included in the provided materials.

Key Highlights

• Retail asset offered for sale with a stated 6.75% cap rate
• 10,640 SF retail building

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Bakery Big Box & Wholesale Store Catering Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

54

Businesses Nearby

Explore this area Business Placement

Demographics for 24271, VA

2,538

Population

1,546

Households

1.6

Avg Household Size

46

Median Age

15%

College-Educated

80%

High-School Grad

64.0 sq mi

ZIP Area

40

Density / Sq Mi

$54,077

Median Household Income

$46,406

Median Earnings

$690

Median Rent

$152,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Offered for sale as a retail asset with stated 6.75% cap rate and 10,640 SF.

Where is this retail space located?

The property is located at 12384 Nickelsville Highway Nickelsville, VA.

What are key features of this property?

This property features: Retail asset offered for sale with a stated 6.75% cap rate; 10,640 SF retail building