Added: Feb 19 Changed: Apr 8

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Investment Insights

Based on property information with market context.

This property in Weber City, Virginia, presents a prime opportunity with high visibility on a 1.08-acre lot. It features office space and a garage, with 328 feet of road frontage on US Highway 23 and 356 feet of road frontage on State Route 727. The location is less than one mile from Kingsport, Tennessee, in a high-traffic area that offers maximum exposure. The 1399 sq ft trailer/office space is move-in ready and includes three large office rooms and a restroom, with each room spacious enough for multiple office setups. A garage bay is located in the rear of the office space. A heat pump was installed in 2017. The level, graveled lot provides ample parking and versatile potential for future development or expansion. The property has been the home of a successful family car dealership since 1975 and features two access points. It is suitable for retail, medical, automotive, office space, or a quick-service restaurant.

Property Analytics

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Current Use

Flex space

Suggested Use

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

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

4

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 24290, VA

1,777

Population

1,004

Households

1.8

Avg Household Size

51

Median Age

10%

College-Educated

89%

High-School Grad

5.0 sq mi

ZIP Area

355

Density / Sq Mi

$60,529

Median Household Income

$41,637

Median Earnings

$803

Median Rent

$165,100

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Frequently Asked Questions

Where is this flex space located?

The property is located at 563 Us Highway 23 Weber City, VA.