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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3200 Virginia Ave Collinsville, VA 24078

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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
Current use
Occupant on record · Public records
  • Stihl General Contractor Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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