Building Details

Year Built 1979

Listing Agency: Keller Williams

Listed By: Karl Miller Realty Show Phone

Source: Karlmillerrealty

Added: Jul 18 Changed: Oct 16 Last Checked: Oct 16 at 8:43AM

Report an Issue

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 Keller Williams

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This multifamily property at 289 Independence Circle in Forest, Virginia, was built in 1979. The recorded property size is 1,850.

The asset is positioned in the Forest, VA 24551 market and is offered for sale. Its multifamily classification supports consideration as a residential income property.

Key Highlights

• Multifamily property at 289 Independence Circle, Forest, VA 24551
• 1,850 recorded property size
• Built in 1979

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Parking Lot & Garage

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

74

Businesses Nearby

Explore this area Business Placement

Demographics for 24551, VA

25,601

Population

10,844

Households

2.4

Avg Household Size

42

Median Age

47%

College-Educated

96%

High-School Grad

74.2 sq mi

ZIP Area

345

Density / Sq Mi

$91,119

Median Household Income

$49,846

Median Earnings

$1,087

Median Rent

$345,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Similar For Sale Nearby

See more

Retail Cottage in Prime Location

1129 Thomas Jefferson Rd, Forest, VA

Contact for pricing

1,830 SF

View details

Two-Building Office Property

2003, 2007 Graves Mill Rd., Forest, VA 24551

$2,100,000

10,300 SF

View details

Single-Tenant Bank Building

14915 FOREST RD, Forest, VA 24551

Contact for pricing

5,526 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - Established multifamily asset in Forest, Virginia, with a 1979 construction date.

Where is this multifamily property located?

The property is located at 289 Independence Circle Forest, VA.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: Multifamily property at 289 Independence Circle, Forest, VA 24551; 1,850 recorded property size; Built in 1979