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    901 Wilborn Ave South Boston, VA 24592

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    For Sale
    Contact for pricing

    1,863 SF Vacant Retail Space

    Property size:
    1,863 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,863-square-foot retail building is available for sale in South Boston, Virginia. Located at 901 Wilborn Ave, this single-tenant property sits on a sizable 0.48-acre lot, offering excellent visibility and accessibility from a major thoroughfare. Built in 1983, the structure is currently vacant and presents a unique opportunity for a variety of retail businesses. The property's B-2 zoning allows for diverse commercial uses, providing flexibility for potential buyers. Its stand-alone design offers ample space and independence, while the nearly half-acre lot provides ample parking and potential for expansion. The property's prime location in the heart of South Boston ensures high traffic volume and strong visibility, making it an ideal location for businesses seeking to establish a significant presence in the area. The Net Lease (NNN) structure offers a straightforward ownership model. This is a rare opportunity to acquire a well-situated, versatile retail space in a thriving Virginia community. The property's size, zoning, and location combine to create a compelling investment prospect.

    Property Features for 901 Wilborn Ave

    General Information

    Property type
    Retail properties
    Square Feet
    1,863 SF
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1983

    HighLights

    • 1,863 SF freestanding retail building for sale.
    • 0.48‑acre lot, B‑2 zoning offers versatile usage.
    • High visibility from Wilborn Ave ensures excellent accessibility.
    • Prime location for retailers seeking strong market presence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Halifax
    State
    Virginia
    Longitude
    -78.9040038
    Latitude
    36.7009345

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    FAQs

    What type of property is this?
    Retail property - 1,863 SF Vacant Retail Space
    Where is this retail property located?
    The property is located at 901 Wilborn Ave South Boston, VA.
    What are key features of this property?
    This property features: 1,863 SF freestanding retail building for sale.; 0.48-acre lot, B-2 zoning offers versatile usage.; High visibility from Wilborn Ave ensures excellent accessibility.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    901 Wilborn Ave South Boston, VA 24592
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