Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Brick Medical Office Building Title is generated by Realmo AI

    416 Durant St, South Hill, VA 23970

    View on Map
    Claim this Listing
    New
    For Sale
    $235,000

    COMMERCIAL - South Hill, VA

    Property size:
    2,543 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $92/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 6:06 am

    Property Features for 416 Durant St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,543 SF
    Lot size
    0.34 Acres

    Building Details

    Year built
    1979

    We can help!

    Listing Contact
    Sharon Johnson
    Sharon Johnson

    Listing agent Sharon Johnson License #0225022465

    Listing office Southern VA Realty 117 A. S Main Street, VA

    Listing date Jun 4, 2026

    MLS# 142280

    Copyright © 2026 Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,543 SF former doctor's office built in 1979
    • Brick exterior building with a medical/office layout that includes multiple exam rooms
    • Includes reception/check‑in and waiting area
    • Dedicated office space, plus a break room for staff
    • Convenient restrooms and restrooms on the main level
    • Paved parking for patients or clients with easy access

    Overview

    This brick exterior office building is offered as a ready-to-use medical layout totaling 2,543 square feet. The interior features multiple exam rooms, a defined reception and check-in area with a waiting space, dedicated office space, a break room for staff, and convenient restrooms. The current configuration is designed to support professional operations and can be adapted for a range of healthcare-adjacent and office uses.

    The property is located in-town in South Hill, Virginia, with easy access and paved parking intended for patients or clients. Its visibility supports customer-facing services, and the site includes a 0.34-acre lot, providing room for parking and building access.

    For healthcare, counseling, and professional service tenants, the existing floor plan offers clear workflow from reception to exam rooms, with separate staff and restroom accommodations. Buyers and operators looking for a functional, medical-office style space can evaluate the current improvements and determine how best to adapt the defined exam and office areas for their specific program.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Hill
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.1312548
    Latitude
    36.7329635

    Nearby Similar for Sale

    • $173,000
      1,456 SF

      Medical Office Building

      Functional medical office layout with five rooms, reception area, and paved parking for client visits and staff operations.
      606 N Thomas St, South Hill, VA 23970
      View Details
    • $1,999,999
      21,164 SF

      Versatile South Hill Commercial Facility

      21,164 SF multi-use facility on 4 acres in South Hill.
      1201 W Danville Street, South Hill, VA 23970
      View Details
    • $264,900

      South Hill Commercial Opportunity

      Prime location near medical offices, customize to your vision.
      413 Bracey Lane, South Hill, VA 23970
      View Details
    • $1,999,999
      21,164 SF

      Versatile South Hill Multi-Use Facility

      21,164 SF multi-use facility on 4 acres in South Hill.
      1201 W Danville Street, South Hill, VA 23917
      View Details
    • $375,000

      Downtown South Hill Commercial Property

      Brick commercial property in downtown South Hill with storefront and parking.
      219 E Atlantic Street, South Hill, VA 23970
      View Details
    • $795,000

      Historic Multi-Tenant Corner Building

      Professionally managed commercial asset with diversified tenancy and redevelopment potential.
      104 S Hill Avenue, South Hill, VA 23970
      View Details
    • $3,107,000

      Retail Space Near Walmart Supercenter

      Retail space in high-traffic area near major retailers.
      1145 East Atlantic Street, South Hill, VA 23970
      View Details
    • $325,000

      Renovated Restaurant/Bar Opportunity in South Hill

      Fully renovated restaurant/bar in South Hill, Enterprise/Opportunity Zone.
      115 N Mecklenburg Avenue, South Hill, VA 23970
      View Details
    • $245,000
      2,619 SF

      South Hill Commercial Retail Opportunity

      Versatile commercial building in South Hill with retail potential.
      306 N Mecklenburg Ave, South Hill, VA 23970
      View Details
    • $264,900

      Prime Downtown South Hill Location

      Investment or business opportunity in a thriving South Hill hub.
      413 Bracey Lane, South Hill, VA 23970
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Former doctor’s office with exam rooms, reception area, staff break room, and paved parking for patients or clients.
    Where is this medical office space located?
    The property is located at 416 Durant St South Hill, VA.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: 2,543 SF former doctor's office built in 1979; Brick exterior building with a medical/office layout that includes multiple exam rooms; Includes reception/check‑in and waiting area
    (434) 774-5741
    We can help!
    Listing Contact
    Sharon Johnson
    Sharon Johnson
    Real Estate License ID: 0225022465
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    416 Durant St, South Hill, VA 23970
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!