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OFF-MARKET
Mixed-use properties

10760 Riverside Dr Oakwood, VA 24631

1,912 SF 1.5 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Oakwood, Virginia, presents a compelling investment opportunity. Located at 10760 Riverside Drive, this 1.5-acre lot features a vacant, 1960-built commercial building totaling between 1,912 and 2,600 square feet. The building boasts a large open area with a garage door, previously utilized as a grocery store and tanning salon, showcasing its adaptable nature. Its prime location on US Highway 460, directly across from the Oakwood Post Office, ensures high visibility and traffic. This property is part of a larger offering (MLS #RR93239A) including a separate residential component: a 1912 sq ft, 3-bedroom, 1.5-bathroom house with a 1200 sq ft detached garage. The residential portion features a lower level with living, dining, and kitchen areas, an upper level with bedrooms, a full bath, and a den, and a basement with a half-bath, laundry, and additional space. The commercial building itself is constructed of brick with a hot mop roof. The property's proximity to the Appalachian College of Pharmacy further enhances its appeal. The asking price for this combined property is $198,400. The property's APN is 2HH075272. This unique offering combines residential and commercial potential, making it an ideal investment for a variety of uses. The property is currently vacant, allowing for immediate customization and development.

Property profile
Verified
Property type Mixed-use properties
Year built 1960
Total area 1,912 SF
Lot 1.5 ac (65,340 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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