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    5406 Us-29 Blairs, VA 24527

    For Lease
    Contact for pricing

    Versatile 2,164 sq ft Office Building

    Lot size:
    2,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This attractive brick building, located at 5406 US Highway 29 in Blairs, Virginia, just north of Danville, offers 2,164 square feet of adaptable space. Boasting excellent road frontage on Route 29, it features ample parking and a convenient two-lane drive-thru. The interior is bright and spacious, with a large open area, a separate office, a kitchen/break room, and a unique secure storage area (a former bank vault). A large drive-thru window adds to its versatility. Previously a bank, this property is suitable for a variety of uses including retail, office, or restaurant operations. While in good condition, some cosmetic upgrades are possible. Flexible lease terms are available: a five-year lease with landlord-paid generic improvements; a ten-year lease with additional non-generic improvements; or a three-year lease as-is. This property presents a compelling opportunity for businesses seeking a well-located, adaptable space with significant potential. The property is situated in Pittsylvania County and is a single-tenant space.

    Property Features for 5406 Us-29

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,164 SF

    Unit(s) available at that property

    Space
    Size
    2,164 SF

    HighLights

    • 2,164 sq. ft. single‑tenant retail/office/restaurant space in Blairs, VA.
    • Excellent road frontage on US Highway 29, north of Danville.
    • Ample parking and a two‑lane drive‑thru.
    • Features include a large open space, separate office, kitchen/break room, and a secure storage vault (former bank vault).
    • Available for lease with flexible terms (3, 5, or 10‑year options, with varying improvement allowances).
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Blairs
    County
    Pittsylvania
    State
    Virginia
    Longitude
    -79.3695793
    Latitude
    36.6847425

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    FAQs

    What type of property is this?
    Restaurant - Versatile 2,164 sq ft Office Building
    Where is this restaurant located?
    The property is located at 5406 Us-29 Blairs, VA.
    What are key features of this property?
    This property features: 2,164 sq. ft. single-tenant retail/office/restaurant space in Blairs, VA.; Excellent road frontage on US Highway 29, north of Danville.; Ample parking and a two-lane drive-thru.
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    Blairs, VA 24527
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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
    5406 Us-29 Blairs, VA 24527
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