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Property profile & analytics
OFF-MARKET
Land

0 Lynn Dr Gate City, VA 24251

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre +/- vacant lot presents a unique investment opportunity in the thriving Gate City, Virginia market. Located on East Jackson Street, this commercially zoned property boasts a highly desirable location adjacent to Thriftway Grocery, ensuring high visibility and convenient access. Previously utilized as a parking lot, the land offers immediate potential for a variety of commercial ventures. Its level topography simplifies development, minimizing site preparation costs and expediting project timelines. The property's address is Lynn Drive, Gate City, VA 24251, within Scott County. The asking price is $359,900. Given its prime location and commercial zoning, this lot is perfectly suited for businesses seeking a high-traffic location with excellent visibility. The strategic placement next to an established grocery store guarantees a steady flow of potential customers. This is a rare opportunity to acquire a ready-to-develop commercial lot in a growing community. The property's size and location make it ideal for a range of commercial uses, from retail establishments to small-scale commercial developments. Serious inquiries are encouraged to explore the full potential of this exceptional property. Further details are available upon request.

Property profile
Verified
Property type Land
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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