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Property profile & analytics
OFF-MARKET
Land

1021 Stuart Dr Galax, VA 24333

4.14 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.14-acre commercial land parcel presents a significant development opportunity in Galax, Virginia. Located on the heavily trafficked US 58 and 221 corridor, this B-2 zoned property enjoys a prime location adjacent to a Goodwill Industries development. The site is situated amongst a thriving retail environment, including Walmart, McDonald's, Lowe's, Applebee's, Arby's, Hampton Inn, and Tractor Supply. An existing storage building is located on the property, offering potential for immediate income generation. The seller will consider leasing the property "as is" for $2,500 per month. This property offers unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. The asking price has been reduced to $525,000, representing a compelling investment opportunity in a high-demand location. Detailed survey available upon request. Don't miss this chance to secure a prominent position in a flourishing commercial area.

Property profile
Verified
Property type Land
Lot 4.14 ac (180,338 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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