Building Details

Year Built 1970

Buildings 5

Stories 1

Tenancy Multi

Listing Agency: Interstate Realty Company m***@holrob.com

Listed By: Kreg Ramey · License #VA 0225257743

Source: Crexi

Added: Feb 19, 2024 Changed: Aug 12 Last Checked: Aug 20 at 9:33PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Interstate Realty Company

Investment Insights

Based on property information with market context.

This shopping center serves as a shopping destination for the residents of Buchanan County, Virginia, an area with limited retail options. The property consists of metal buildings with metal roofs, which are described as being in good repair and easily maintained. The property includes a parking lot area with space for additional construction. The surrounding area is described as a beautiful part of the country located in the heart of coal country. The property size is 81,440 square feet.

Key Highlights

• Shopping destination for Buchanan County, ensuring stability due to limited local retail options.
• Investment property with potential for future construction thanks to ample parking lot space.
• Buildings in good repair and easily maintained with metal construction and roofs.

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Furniture & Home Goods Accounting Firm Discount Store Restaurant

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

29

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

2,383 visits/mo 0.1 miles

Demographics for 24656, VA

2,875

Population

1,554

Households

1.9

Avg Household Size

51

Median Age

10%

College-Educated

78%

High-School Grad

69.7 sq mi

ZIP Area

41

Density / Sq Mi

$39,174

Median Household Income

$38,487

Median Earnings

$635

Median Rent

$90,400

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Shopping center - Shopping center in good repair with room for expansion.

Where is this shopping center located?

The property is located at 1202 Anchorage Cir Vansant, VA.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Shopping destination for Buchanan County, ensuring stability due to limited local retail options.; Investment property with potential for future construction thanks to ample parking lot space.; Buildings in good repair and easily maintained with metal construction and roofs.