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Corner Former Gas Station Site
For Sale
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Pending

2780 Lee Hwy, Troutville, VA 24175

Former Exxon station on a corner with traffic light; pumps and canopy removed near I-81 exit 150.

Property Size6,867 SF
Lot Size2.80 Acres
Days on Market1348

Property Features for 2780 Lee Hwy

General Information

Standard status Pending
Size 6,867 SF
Lot size 2.80 Acres
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Trent Weaver
Source: Moodyscre
Added: Jan 3, 2023 Changed: Sep 5 Last Checked: Sep 12 at 9:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Poe & Cronk Real Estate Group

Investment Insights

Based on property information with market context.

This 2.8-acre site was formerly operated as an Exxon station. The pumps and canopy have been removed, leaving the property available for redevelopment. The property is situated at a corner intersection with a traffic light.

The site is located near I-81 exit 150 at the intersection of Route 11 and Alt 220. Reported traffic volumes include 18,000 cars per day on Alt 220 and 14,000 cars per day on Route 11.

With the prior fueling improvements removed, the property presents a blank redevelopment platform in a heavily traveled corner setting at a signalized intersection.

Key Highlights

  • 2.8‑acre site formerly operated as an Exxon station
  • Corner location with a traffic light at the intersection of Rt 11 and Alt 220
  • Nearby I‑81 exit 150

Property Analytics

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Current Use

Robert Young's Auto ... Auto Repair Shop

Suggested Use

Top Pick HVAC Service Auto Parts Store Garden Center Dental Office (Bike/Boat/Book/etc) Store Florist

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby
142k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 32% Hotels & Casinos 5%
McDonald's Dining
32,015 visits/mo 0.2 miles
Cracker Barrel Old Country Store Dining
31,036 visits/mo 0.4 miles
Circle K Shops & Services
21,680 visits/mo 0.1 miles
Dodge's Southern Style Shops & Services
20,500 visits/mo 0.1 miles
Hardee's Dining
13,147 visits/mo 0.1 miles

Demographics for 24175, VA

8,165
Population
3,540
Households
2.3
Avg Household Size
47
Median Age
28%
College-Educated
96%
High-School Grad
80.4 sq mi
ZIP Area
102
Density / Sq Mi
$81,931
Median Household Income
$42,096
Median Earnings
$947
Median Rent
$274,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Gas station - Former Exxon station on a corner with traffic light; pumps and canopy removed near I-81 exit 150.
Where is this gas station located?
The property is located at 2780 Lee Hwy Troutville, VA.
What are key features of this property?
This property features: 2.8‑acre site formerly operated as an Exxon station; Corner location with a traffic light at the intersection of Rt 11 and Alt 220; Nearby I‑81 exit 150
(540) 204-4935 Call to check price and availability
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