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    4001 College Ave Bluefield, VA 24605

    Sponsored
    For Lease
    Contact for pricing

    Walmart-shadowed retail center, high traffic area.

    Lot size:
    87,970 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Ridgeview Plaza, located at 4001 College Ave, Bluefield, VA 24605, presents a prime retail investment opportunity. This 87,970 square foot shopping center, built in 2001, boasts a strong tenant lineup including a Walmart Supercenter shadow anchor. The center enjoys excellent visibility from Highway 460, a major east-west thoroughfare with over 14,000 vehicles daily. A signalized main entrance ensures easy access for customers. The property offers multiple tenancies, with a minimum divisible space of 1,498 square feet. Current tenants include Bealls, Dollar Tree, Med Express Urgent Care, Cato, Rent-A-Center, Verizon, GameStop, and Sally Beauty Supply. The ample parking provides a 5.45 spaces per 1,000 square feet ratio. Situated in Tazewell County, this center benefits from its strategic location and strong tenant mix, making it an attractive option for investors seeking a stable and high-traffic retail property. The property is classified as a commercial retail shopping center.

    Property Features for 4001 College Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    87,970 SF

    Building Details

    Year Built
    2001

    Unit(s) available at that property

    Space
    Suite 19
    Size
    1,507 SF
    Space
    Suite 18
    Size
    1,202 SF
    Space
    Suite 17A
    Size
    2,733 SF
    Space
    Suite 19
    Size
    1,507 SF
    Space
    Suite 17B
    Size
    2,081 SF
    Space
    Suite 13
    Size
    3,036 SF
    Space
    Suite 05
    Size
    1,991 SF

    HighLights

    • Walmart Supercenter and Bealls anchor this center.
    • Strong tenant mix including Dollar Tree and MedExpress Urgent Care. Total GLA: 87,970 square feet, built in 2001.
    • Ample parking with a 5.45/1,000 SF ratio.
    • High traffic counts: 14,082 VPD on Hwy 460 and 7,262 VPD on College Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bluefield
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.2542925
    Latitude
    37.2377937

    Nearby Comparable

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    Nearby Similar for Lease

    • Contact for pricing
      3,036 SF

      Retail Space in Ridgeview Plaza

      Retail space available in shadow-anchored shopping center in Bluefield, VA.
      4003-4039 College Ave, Bluefield, VA 24605
      View Details
    • $7 SF/Yr
      11,550 SF

      Retail Space in College Plaza

      Large retail suite available in a busy shopping center.
      512-533 Commerce Dr, Bluefield, VA 24605
      View Details

    FAQs

    What type of property is this?
    Retail property - Walmart-shadowed retail center, high traffic area.
    Where is this retail property located?
    The property is located at 4001 College Ave Bluefield, VA.
    What are key features of this property?
    This property features: Walmart Supercenter and Bealls anchor this center.; Strong tenant mix including Dollar Tree and MedExpress Urgent Care. Total GLA: 87,970 square feet, built in 2001.; Ample parking with a 5.45/1,000 SF ratio.
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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
    4001 College Ave Bluefield, VA 24605
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