1380 Main St Wytheville, VA 24382
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.
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
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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.