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Property profile & analytics
OFF-MARKET
Land

81 Exit 29 Glade Spring, VA 24340

0.78 ac lot
Property ID
Property summary
AI-generated overview

This 0.78-acre commercial lot, located in Glade Spring, Virginia, presents a compelling investment opportunity. Situated just off Interstate 81, Exit 29, this property boasts exceptional visibility and accessibility. The B-2 zoning allows for a variety of commercial uses, making it suitable for numerous business ventures. The site benefits from readily available utilities, including water, sewer, and electricity connections. Its strategic location near Lee Highway (US 11) further enhances its appeal. High traffic counts are a key feature, with Interstate 81 boasting a daily volume of 32,000 vehicles and Maple Street seeing 8,200 vehicles per day. The surrounding area is home to established businesses such as Petro Travel Center, Marathon Gas, Subway, Dollar General, Wendy's, Econo Lodge, Peterbilt, and Arby's, indicating a thriving commercial environment. The median household income in Glade Spring is $70,000, suggesting a strong consumer base. The property's APN is 069-A-44, and it is held under corporate ownership. This well-maintained lot offers significant potential for growth and return on investment. The asking price is $99,000.

Property profile
Verified
Property type Land
Lot 0.78 ac (33,977 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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