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Property profile & analytics

27 Miners Dr Castlewood, VA 24224-7002

  • Turn key restaurants
  • 1,620 SF
  • 0.60 lot acres
OFF-MARKET
Last Sale
Apr 02, 2020
$319,667
Value Estimations
$260,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US87-2784987
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 27 Miners Dr

Lot size
0.60 lot acres
Property size
1,620 SF
Property type
Turn key restaurants
APN
156L E 3399
APU
156LE3399

Description

This turnkey restaurant opportunity in Castlewood, Virginia, presents a unique chance to acquire a well-situated commercial property. The 2,554-square-foot building sits on a 0.6-acre lot boasting excellent visibility from US Highway 58, ensuring high traffic exposure. The property offers convenient access directly from US Hwy 58 and includes 21 designated parking spaces for patrons and staff. The building's previous use as a Pizza Hut provides a ready-made layout, complete with a functional kitchen hood system and walk-in coolers, significantly reducing start-up costs and time. Russell County zoning ordinances allow for a variety of uses, offering flexibility for potential buyers. Located less than two miles from downtown St. Paul, Virginia, the property benefits from proximity to the Hybrid Energy Center, a significant local employer powering over 150,000 homes. The asking price is $250,000, translating to $97.89 per square foot. This represents a compelling investment opportunity in a growing area with established infrastructure and a strong local economy. The property's strategic location and existing restaurant infrastructure make it an ideal choice for a variety of food service businesses or other compatible commercial ventures. This is a rare chance to acquire a well-positioned, ready-to-use commercial space in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $260,000
    ML approach
    $365,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $248,000
    Market price range: $107k - $248k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Castlewood
County
Russell
State
Virginia
Longitude
-82.3018
Latitude
36.877

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,111
$130,500
$204,500
$335,000
-
$130,500
$204,500
$335,000
More about this property
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