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923 Us Highway 23 Weber City, VA 24290

OFF-MARKET Retail properties & Spaces Google Maps
1 SF 1.3 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.3-acre commercial land parcel, located at 923 US Hwy 23 S in Weber City, Virginia (zip code 24290), presents a prime opportunity for various businesses. The property boasts a large, paved lot with convenient, wide driveway access directly from the four-lane highway. Its flat, level terrain is ideal for a range of uses, including car sales, landscaping or garden centers, equipment sales and service businesses, or truck parking and storage. The high-traffic location on Hwy 23, a major commuter route between the Tri-Cities and Southwest Virginia, sees over 19,000 vehicles daily. This strategic position is further enhanced by its proximity to established businesses like Exxon and Price Less Foods. The property is offered as a lease, with the owner open to build-to-suit options for long-term tenants. Please note that an existing garage building on the adjacent property is not included in this lease offering. The APN is 167-A-30A. This is a single-tenancy retail and land property with a total building square footage of 1 square foot. The property is zoned for commercial use. This presents a unique chance to establish a thriving business in a high-visibility location with excellent accessibility.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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