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Former Food City Retail Location
For Sale
$1,900,000

1400 Bob White Blvd, Pulaski, VA 24301

37,000 SF retail building on 4 acres available for sale.

Property Size36,457 SF
Lot Size4.00 Acres
Price / SF$51.35
Days on Market167

Property Features for 1400 Bob White Blvd

General Information

Standard status Active
Size 36,457 SF
Lot size 4.00 Acres
Property subtype Retail - Freestanding

Building Details

Building Size 36,457 SF
Year Built 1999
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Jacob Quesinberry, SIOR · License #0225193464
Source: Commercialcafe
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 7 at 11:27AM

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 former Food City location is available for a new tenant or owner/user. The property, with a 20+ year history as a successful retail site, is priced significantly below tax assessment and replacement cost. The site encompasses 4+/- acres and includes a 37,000+/- square foot building, presenting a future opportunity for an investor or owner/user. This real estate purchase opportunity is available at a significant discount compared to the replacement cost and is a prime candidate for a 1031 exchange or a buyer seeking to reduce taxable income through cost segregation.

Key Highlights

  • Significantly below tax assessment and replacement cost.
  • 37,000+\/- square foot building on 4+\/- acre site.
  • 20+ year history as a successful retail site.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Hair Salon Big Box & Wholesale Store Nail Salon Restaurant (Bike/Boat/Book/etc) Store

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

139
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 82% Shops & Services 9% Electronics 9%
Food City Groceries
19,947 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
11,732 visits/mo 0.5 miles
Truist Shops & Services
3,646 visits/mo 0.3 miles
T-Mobile Electronics
2,027 visits/mo 0.5 miles
U.S. Cellular Electronics
1,351 visits/mo 0.5 miles

Demographics for 24301, VA

14,040
Population
6,554
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
91%
High-School Grad
85.4 sq mi
ZIP Area
164
Density / Sq Mi
$58,790
Median Household Income
$41,572
Median Earnings
$781
Median Rent
$161,400
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Food City 1201 E Main St, Pulaski, VA 24301
  • Food City 1400 Bob White Blvd, Pulaski, VA 24301

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 37,000 SF retail building on 4 acres available for sale.
Where is this grocery and convenience store located?
The property is located at 1400 Bob White Blvd Pulaski, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Significantly below tax assessment and replacement cost.; 37,000+\/- square foot building on 4+\/- acre site.; 20+ year history as a successful retail site.
More about this property
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