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Property profile & analytics
OFF-MARKET
Commercial real estate

1202 Anchorage Cir Vansant, VA 24656

75,000 SF 5.8 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional commercial investment property, situated at 1202 Anchorage Circle in Vansant, Virginia, presents a compelling opportunity for discerning investors. Boasting over 75,000 square feet of versatile space, ideal for retail, office, or warehouse uses, this property is currently generating income from multiple long-term tenants, promising a strong and stable return on investment. The property sits on a substantial 5.8-acre lot, providing ample space and significant road frontage exceeding 2,000 feet along State Highway 460. This prime location benefits from excellent visibility and accessibility, enhanced by a VDOT-maintained stoplight with dedicated turn lanes, ensuring convenient access for customers and employees. The property features over 350 parking spaces, accommodating a large volume of traffic. Individual utility meters for each unit offer efficient cost management and streamlined operations. Multiple access points from State Highway 460 further enhance the property's accessibility and operational flexibility. This property offers a highly attractive cap rate and represents a rare opportunity to acquire a substantial, income-producing commercial asset in a desirable location. The substantial size, multiple tenants, and prime location combine to create a truly exceptional investment prospect. The property is priced at $2,590,000.

Property profile
Verified
Property type Commercial real estate
Year built 1970
Total area 75,000 SF
Lot 5.8 ac (252,648 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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