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    16427 Wise St Saint Paul, VA 24283

    For Sale
    $100,000

    0.5-acre commercial land, high traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.5-acre outparcel presents a unique investment opportunity in Saint Paul, Virginia. Located at 16427 Wise St, 24283, this commercially zoned land is ideally situated for development. The property boasts high visibility and accessibility on the heavily trafficked Bull Run Road. Its strategic location within a thriving shopping center offers significant advantages. The center is anchored by established businesses including Roses, Virginia ABC, Ballard Health, and Huddle House, ensuring consistent foot traffic and consumer activity. Furthermore, the property benefits from its proximity to a Food City grocery store—the only major grocery operator in the area—and is surrounded by other national chains such as Taco Bell, Advanced Auto Parts, Walgreens, and Dollar General. This prime location offers excellent potential for a variety of commercial uses, making it an attractive investment for both developers and businesses seeking a high-traffic, well-established location. The asking price is $100,000. The property is available for sale or ground lease. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a growing market.

    Property Features for 16427 Wise St

    General Information

    Property type
    Land

    HighLights

    • 0.5‑acre outparcel available for sale or ground lease.
    • Located in a shopping center anchored by Roses, Virginia ABC, Ballard Health, and Huddle House.
    • High visibility and accessibility on heavily trafficked Bull Run Road.
    • Across from Food City, the area's only major grocery store.
    • Surrounded by national chains including Taco Bell, Advanced Auto Parts, Walgreens, and Dollar General.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Paul
    County
    Wise
    State
    Virginia
    Longitude
    -82.316063592724
    Latitude
    36.907305487771

    Nearby Comparable

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      Prime Commercial Land in St. Paul, VA

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    FAQs

    What type of property is this?
    Land - 0.5-acre commercial land, high traffic location.
    Where is this land located?
    The property is located at 16427 Wise St Saint Paul, VA.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: 0.5-acre outparcel available for sale or ground lease.; Located in a shopping center anchored by Roses, Virginia ABC, Ballard Health, and Huddle House.; High visibility and accessibility on heavily trafficked Bull Run Road.
    (843) 352-3394
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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
    16427 Wise St Saint Paul, VA 24283
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