Property profile

540 MAIN ST Marion, VA 24354

OFF-MARKET
Single Family Residence
Property ID
US87-1479664
1,344 SF Built 1986
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Property summary

AI-generated overview

The property is a 1.55-acre parcel of commercial land located in Marion, Virginia, with an existing 13,600-square-foot structure. The site is configured to support redevelopment into uses such as office space (including rehabilitation of the existing structure), townhouse development, or conversion into short-term rental units. Additional development possibilities include uses such as a car dealership, strip retail, doctors’ offices, or an urgent care facility. The description also indicates an ability to develop the site in combination with an adjacent distribution plant property, which would add 10,000 square feet of space and more than one additional acre of land, resulting in two corner lots and an added 400 feet of road frontage.

Property profile

Verified
Property type Single Family Residence
Year built 1986
Total area 1,344 SF
APN 191-81-28
UPID US87-1479664

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

540 MAIN ST Marion, VA 24354
Marion metro
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Value estimations

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Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A
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