Property profile

11073 Colonel Armistead Dr Ruther Glen, VA 22546

OFF-MARKET
Land
10.1 ac lot
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Property summary

AI-generated overview

This exceptional 1,079-square-foot retail space is ideally situated in Northeast Columbia's thriving retail corridor. Located in a high-traffic area with a high barrier to entry due to its proximity to CSX railroad tracks running parallel to Two Notch Road (32,400 vehicles per day), this outparcel space offers unparalleled visibility and accessibility. The property is conveniently located at a full-access signalized entrance to the Village at Sandhill, a large multi-phase lifestyle center. This single-tenant space, formerly occupied by Great Clips, is part of a larger shopping center boasting a strong tenant mix including Aspen Dental, T-Mobile, The Vitamin Shoppe, McAlister's Deli, Marco's Pizza, and Sleep Number. The surrounding area features major retailers such as Academy Sports, Belk, JCPenney, T.J. Maxx, Ulta, Rooms To Go, Lowe's Foods, Regal Cinemas, The Home Depot, Fresh Market, Pet Supermarket, Hobby Lobby, Target, Kroger, and Best Buy, ensuring high foot traffic and customer exposure. The property itself offers multiple points of ingress and egress, cross-access with an adjacent shopping center, and prominent pylon signage. The building is a Class B, single-story structure built in 2014, encompassing 8,422 square feet on a 2.12-acre lot with 104 parking spaces. The property's zoning is B3. This location presents a unique opportunity for businesses seeking high visibility and a strong customer base in a densely populated area.

Property profile

Verified
Property type Land
Lot 10.1 ac (439,956 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11073 Colonel Armistead Dr Ruther Glen, VA 22546
Ruther Glen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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