5816 Lee Hwy Atkins, VA 24311
This exceptional 1.08-acre commercial lot is ideally located on Lee Highway (Rt. 11) in Atkins, Virginia, zip code 24311. The property boasts a highly visible location adjacent to a Dollar General store, ensuring significant foot and vehicle traffic. Zoned for commercial use, this level lot is ready for immediate development, offering unparalleled convenience and exposure for a variety of businesses. Public water and sewer connections are already in place, simplifying the development process. The property features unique access from two sides onto this corner lot, providing excellent accessibility. A rail line runs along the rear property line, offering proximity to rail spur lines across the tracks, presenting additional logistical advantages. Power is also available on-site. This is a fee simple ownership opportunity priced at $98,500. The thriving Atkins community is home to significant industries including the Utility Trailer Assembly Plant and Speyside Bourbon Cooperage, contributing to a robust local economy and strong potential for business growth. Don't miss this chance to establish your business in a prime location with excellent infrastructure and high visibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.