Listing Agency: Interstate Realty Company

Listed By: Kreg Ramey · License #VA 0225257743 Show Phone

Source: Crexi

Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:39PM

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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 Interstate Realty Company

Investment Insights

Based on property information with market context.

Located at 1376 Wadlow Gap Highway, the property is identified as a grocery and convenience store asset. Its position along Wadlow Gap Highway places it in Gate City, Virginia, with surrounding residential neighborhoods and the broader Southwest Virginia market noted as part of its service area.

Key Highlights

• 1376 Wadlow Gap Highway address in Gate City, VA
• Located along Wadlow Gap Highway

Property Analytics

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Current Use

Discount tobacco (Bike/Boat/Book/etc) Store Wally's (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Supermarket Discount Store Car Rental Facility

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

21

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 24251, VA

8,405

Population

4,388

Households

1.9

Avg Household Size

48

Median Age

19%

College-Educated

89%

High-School Grad

117.2 sq mi

ZIP Area

72

Density / Sq Mi

$44,990

Median Household Income

$41,875

Median Earnings

$643

Median Rent

$133,000

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 grocery and convenience stores 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?

Grocery and convenience store - The property is located along Wadlow Gap Highway in Gate City, Virginia.

Where is this grocery and convenience store located?

The property is located at 1376 Wadlow Gap Highway Gate City, VA.

What is the asking price?

The asking price for this property is $890,000.

What are key features of this property?

This property features: 1376 Wadlow Gap Highway address in Gate City, VA; Located along Wadlow Gap Highway