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    1400 Bob White Blvd Pulaski, VA 24301

    Sponsored
    For Sale
    $1,900,000

    High-traffic retail space, excellent investment.

    Property size:
    36,457 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1400 Bob White Blvd, Pulaski, VA 24301, presents a significant investment opportunity. The 36,457 square foot building sits on a 3.964-acre lot and boasts a prominent location with traffic light access. Previously occupied by a Food City grocery store and gas station, this established site offers a rich history of successful retail operations. Built in 1999, the property is priced at $1,900,000, translating to $52.12 per square foot—significantly below both tax assessment and replacement cost. The property's size and location make it ideal for a variety of retail uses. The asking price represents a compelling opportunity for investors seeking a strong return or owner-users looking to establish a presence in a high-traffic area. The property's substantial size and prime location offer significant potential for future growth and profitability. This is a rare chance to acquire a well-situated retail center in a thriving community. The property is credit-rated, offering peace of mind for potential buyers. While the lease with the previous tenant expired on July 30, 2024, the property is now available for immediate occupancy.

    Property Features for 1400 Bob White Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    36,457 SF
    Lot Size
    172,672 SF

    Building Details

    Year Built
    1999

    HighLights

    • 37,000 SF building on a 4‑acre site.
    • High‑traffic visibility with entrance at a traffic signal.
    • Asking price: $52/SF.
    • Substantially below assessed value and replacement cost.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pulaski
    County
    Pulaski
    State
    Virginia
    Longitude
    -80.750826999673
    Latitude
    37.052496045125

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space, excellent investment.
    Where is this lifestyle center located?
    The property is located at 1400 Bob White Blvd Pulaski, VA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 37,000 SF building on a 4-acre site.; High-traffic visibility with entrance at a traffic signal.; Asking price: $52/SF.
    Request Owner's contact information
    1400 Bob White Blvd Pulaski, VA 24301
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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
    1400 Bob White Blvd Pulaski, VA 24301
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