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    Property profile & analytics

    1380 Main St Wytheville, VA 24382

    • Retail properties
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1380 Main St

    Property type
    Retail properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wytheville
    County
    Wythe
    State
    Virginia
    Longitude
    -81.0662
    Latitude
    36.9519

    Comparable in this City

    • Value Estimation by Request
      8,000 SF

      198 Commonwealth Dr

      Restaurants • 8,000 SF
      198 Commonwealth Dr, Wytheville, VA 24382
      View Details
    • Value Estimation by Request
      99,745 SF

      800 Main St

      Lifestyle centers • 99,745 SF
      800 Main St, Wytheville, VA 24382
      View Details
    • Value Estimation by Request
      2,500 SF

      3153 Chapman Rd

      Restaurants • 2,500 SF
      3153 Chapman Rd, Wytheville, VA 24382
      View Details
    • Value Estimation by Request
      4,320 SF

      3782 Lee Hwy

      Multifamily properties • 4,320 SF
      3782 Lee Hwy, Wytheville, VA 24382
      View Details
    • Value Estimation by Request
      99,854 SF

      800 Main St

      Lifestyle centers • 99,854 SF
      800 Main St, Wytheville, VA 24382
      View Details
    • Value Estimation by Request
      7,500 SF

      200 Main St

      Specialty properties • 7,500 SF
      200 Main St, Wytheville, VA 24382
      View Details

    Similar Nearby for Sale

    • $1,810,000
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      Prime Wytheville Retail Investment

      High-cap rate, corporate-guaranteed Mattress Firm
      230 Commonwealth Dr, Wytheville, VA 24382
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    • $985,000
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      Prime Wytheville Restaurant Opportunity

      6,064 SF Restaurant, $985,000
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    • $150,000
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      Commercial Building in Wytheville, VA

      5300 sq ft commercial building with long-term tenant.
      610 W Lee Hwy, Wytheville, VA 24382
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    • $395,000
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      Prime Commercial Property Near Interstate

      4-acre commercial property with high visibility and easy interstate access.
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    • $399,000
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      Downtown Wytheville Multi-Purpose Commercial Building

      Two-story commercial building with income potential in downtown Wytheville.
      195 S 1St St, Wytheville, VA 24382
      View Details
    • $179,000
      1.10 Acres

      Wytheville Commercial Building - High Visibility

      Prime Commercial Space, High Visibility, 5300 sq ft
      610 Lee Hwy, Wytheville, VA 24382
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      LeHy Shopping Center: Prime Retail Space

      Wytheville, VA Retail Center - 18,900 sq ft
      1380 Main St, Wytheville, VA 24382
      View Details
    • Contact for pricing
      4,311 SF

      Renovated Shopping Center For Lease

      99,745 SF renovated shopping center on 8.69 acres.
      880 E Main St, Wytheville, VA 24382
      View Details
    • Contact for pricing
      5,021 SF

      Dominant Regional Retail Center Space

      Regional retail center anchored by Walmart and Lowes.
      215-345 Commonwealth Dr, Wytheville, VA 24382
      View Details
    • $23 SF/Yr
      8,000 SF

      STARBUCKS ANCHORED STRIP

      Restaurants • 8,000 SF
      198 Commonwealth Dr, Wytheville, VA 24382
      View Details
    • Contact for pricing
      1,400 SF

      Renovated Shopping Center Space Available

      99,745 SF renovated shopping center on 8.69 acres.
      235 Fairground Rd, Wytheville, VA 24382
      View Details
    • Contact for pricing
      99,745 SF

      Wythe Plaza Shopping Center For Lease

      Prime Retail Space, I-77 & I-81 Corridor
      800 Main St, Wytheville, VA 24382
      View Details
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    1380 Main St
    Wytheville, VA 24382
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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