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    2940 Clinch St Richlands, VA 24641-2140

    For Lease
    $0.75 SF/Yr

    High-traffic retail land, two lots available.

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial land parcel in Richlands, Tazewell County, presents a unique investment opportunity. Located at 2940 Clinch Street, this property boasts a prime location with 1,500 feet of road frontage on both Route 460 and Clinch Street, directly across from Clinch Valley Medical Center. The high visibility and accessibility are further enhanced by an average daily traffic count of 15,000 vehicles on Route 460, ensuring a steady stream of potential customers. The property offers two potential lots, conceptually sized at 0.75 acres (Lot A) and 1 acre (Lot B), with the possibility of adjusting lot sizes to meet specific business needs. Both lots are paved and feature readily available utilities, simplifying the setup process for any business. The property's design ensures easy ingress and egress, promoting smooth traffic flow and customer convenience. Ideal for a quick-service restaurant (QSR) or any drive-through business, this location offers unparalleled potential for growth and success in a thriving community. The total land area encompasses 43,560 square feet and is designated as a single-tenant property. This is a rare opportunity to secure a highly visible and accessible commercial site in a desirable location.

    Property Features for 2940 Clinch St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Lot
    Size
    43,560 SF
    Rate per SF
    $0.75

    HighLights

    • Land and retail property in Tazewell County.
    • Single‑tenant commercial lot totaling 43,560 square feet.
    • High‑traffic location with 1,500 feet of road frontage on RT 460 and Clinch Street, across from Clinch Valley Medical Center.
    • Two buildable lots (approximately 0.75 and 1 acre) available, with sizes adaptable to buyer needs.
    • Paved lots with utilities readily available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sandees Sassy Scissors Beauty Salon CVS Photo Passport Photo Processor Subway Sandwich Shop CVS Pharmacy Pharmacy CDReload at CVS Crypto Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richlands
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.8215823
    Latitude
    37.0927296

    Nearby Similar for Lease

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      Office Space for Rent

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      Richlands Retail Space Available

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail land, two lots available.
    Where is this retail property located?
    The property is located at 2940 Clinch St Richlands, VA.
    What is the lease rate?
    The lease rate is $0.75 SF/Yr.
    What are key features of this property?
    This property features: Land and retail property in Tazewell County.; Single-tenant commercial lot totaling 43,560 square feet.; High-traffic location with 1,500 feet of road frontage on RT 460 and Clinch Street, across from Clinch Valley Medical Center.
    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
    2940 Clinch St Richlands, VA 24641-2140
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