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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1380 Main St Wytheville, VA 24382

Property ID
Property summary
AI-generated overview

LeHy Shopping Center, located at 1380 E Main St, Wytheville, VA 24382, presents a unique retail investment opportunity. This multi-tenant shopping center boasts a total of 18,900 square feet, with one space currently available. The center enjoys a strategic location just off Interstate 81, providing excellent accessibility and visibility. Strong anchors, Food Lion and Tractor Supply, draw significant traffic to the plaza. The surrounding area features a robust retail landscape, including national retailers such as Walmart Supercenter, Lowe's, Harbor Freight, and Rural King. Data indicates that the local Walmart draws customers from a radius exceeding 30 miles, representing a potential market of over 200,000 people. This substantial consumer base is further enhanced by the presence of Wytheville Community College, with an enrollment of 2,833 students, located adjacent to the property. The local economy is driven by healthcare and manufacturing sectors, providing a stable and diverse consumer demographic. This prime retail space offers exceptional potential for growth and profitability within a thriving community. The property is situated in Wythe County, Virginia.

Property profile
Verified
Property type Retail properties & Spaces
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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