Building Details

Year Built 2021

Listing Agency: Marcus & Millichap - Fort Lauderdale p***@marcusmillichap.com

Listed By: Philip Kates · License #FL 3235872

Source: Crexi

Added: Aug 3 Changed: Aug 9 Last Checked: Aug 11 at 7:27AM

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Investment Insights

Based on property information with market context.

This 1.41-acre commercial land parcel is zoned B-1, General Commercial, with stated suitability for retail, service, restaurant, and other commercial uses. The site is adjacent to Dollar General and fronts US-58 in Spencer, Virginia.

US-58 records approximately 6,827 vehicles per day at the property. Nearby listed demand drivers include Blue Ridge Airport, Stuart Hill Bed and Breakfast, and the USPS facility. The parcel is positioned within the Spencer community in Henry County, near the North Carolina border and the Martinsville trade area.

Key Highlights

• 1.41‑acre commercial land parcel
• B‑1, General Commercial zoning
• Adjacent to Dollar General on US‑58

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Spa & Massage Center

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

13

Businesses Nearby

Explore this area Business Placement

Demographics for 24165, VA

1,655

Population

731

Households

2.3

Avg Household Size

49

Median Age

8%

College-Educated

85%

High-School Grad

40.8 sq mi

ZIP Area

41

Density / Sq Mi

$62,206

Median Household Income

$36,533

Median Earnings

$1,091

Median Rent

$150,400

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land 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?

Commercial land - B-1 zoning supports retail, service, restaurant, and other commercial uses.

Where is this commercial land located?

The property is located at 39 LOG MANOR RD Spencer, VA.

What is the asking price?

The asking price for this property is $75,000.

What are key features of this property?

This property features: 1.41‑acre commercial land parcel; B‑1, General Commercial zoning; Adjacent to Dollar General on US‑58