Property profile

320 Virginia Ave Clarksville, VA 23927

OFF-MARKET
Specialty properties
7,000 SF Built 1970
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Property summary

AI-generated overview

This exceptional 7,000 square foot property at 320 VA Ave in downtown Clarksville, VA, presents a unique investment opportunity. The building, constructed in 1970 and extensively renovated in 2024, boasts a single-tenant occupancy structure, currently featuring 1,500 square feet of prime ground-level retail space. A significant 4,000 square feet remains vacant, offering considerable expansion potential. The building comprises two stories, with the ground floor ideal for retail and the upper level currently undergoing renovations to create additional private office spaces. Key features include dedicated rear parking for tenant and customer convenience, as well as both public and private restroom facilities. The property's location in the heart of downtown Clarksville ensures high visibility and accessibility. The recent renovations have significantly upgraded the building's infrastructure and aesthetics, making it an attractive option for a variety of businesses. The combination of retail and office space provides flexibility for a diverse range of tenants seeking a well-maintained and conveniently located property. This is an excellent chance to acquire a versatile commercial space in a thriving downtown area. The vacant space presents a unique opportunity for expansion or lease to additional tenants.

Property profile

Verified
Property type Specialty properties
Year built 1970
Total area 7,000 SF

Cap rate & NOI

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

Location

320 Virginia Ave Clarksville, VA 23927
Clarksville 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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