Listing Agency: SURMOUNT g***@nnnpro.com Show Phone

Listed By: Glen Kunofsky · License #NY 49KU1129178

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:19PM

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Investment Insights

Based on property information with market context.

This freestanding restaurant property includes a 1,900-square-foot building on approximately 0.66 acres. The improvements will be delivered vacant at closing, providing a clear starting point for an incoming restaurant user or redevelopment of the existing site.

Key Highlights

• 1,900‑square‑foot restaurant building
• Approximately 0.66 acres of land
• Property will be delivered vacant at closing

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Kitchen & Bath Showroom Catering Service

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

336

Businesses Nearby

69k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 48% Shops & Services 28% Groceries 24%

Food Lion Grocery Store Groceries

14,457 visits/mo 0.3 miles

SONIC Drive In Dining

9,410 visits/mo 0.3 miles

Wendy's Dining

9,191 visits/mo 0.3 miles

Hardee's Dining

8,807 visits/mo 0.1 miles

Dollar General Shops & Services

6,673 visits/mo 0.3 miles

Demographics for 24651, VA

5,976

Population

2,889

Households

2.1

Avg Household Size

47

Median Age

17%

College-Educated

89%

High-School Grad

152.0 sq mi

ZIP Area

39

Density / Sq Mi

$45,964

Median Household Income

$35,508

Median Earnings

$490

Median Rent

$117,700

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Vacant restaurant property offering a compact building and surrounding land for a new operator or redevelopment plan.

Where is this conventional restaurant located?

The property is located at 899 Fincastle Turnpike Tazewell, VA.

What are key features of this property?

This property features: 1,900‑square‑foot restaurant building; Approximately 0.66 acres of land; Property will be delivered vacant at closing