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    3200 Virginia Ave Collinsville, VA 24078
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    3200 Virginia Ave, Collinsville, VA 24078

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    • Retail properties & Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Stihl / General Contractor / Hardware & Home Improvement

    Property Details for 3200 Virginia Ave

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 8.86-acre site presents a unique redevelopment opportunity in the thriving Southern Virginia submarket of Collinsville. Ideally situated on Virginia Avenue (US-220 Business) and First Street, the property boasts significant road frontage – approximately 700 feet along Virginia Avenue and 445 feet along First Street. The site benefits from a high average annual daily traffic count of 22,000 vehicles, ensuring excellent visibility and accessibility for any future development. Previously occupied by industrial buildings, the land is now cleared, with demolition completed as of August 2023, providing a clean slate for immediate construction. Zoned B1, this versatile property is suitable for a range of commercial and residential uses, including retail, restaurant, and other mixed-use projects. Several illustrative site plans are available, showcasing the diverse redevelopment potential of this strategically located parcel. The property's size and location make it an attractive investment for developers seeking a high-impact project in a growing area. The substantial road frontage offers exceptional opportunities for signage and visibility, maximizing the potential for attracting customers and tenants. This is a rare chance to acquire a large, cleared site in a prime location with significant development potential. Contact us today to learn more about this exciting opportunity.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Henry
    State
    Virginia
    Longitude
    -79.915
    Latitude
    36.7233
    More about this property
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