Financial
Distress signals
Property profile

12 Scenic Rd Fries, VA 24330

FOR SALE
Other commercial real estate
Property ID
US87-3209887
868 SF 0.74 ac lot Built 1954
Last sale Oct 2025 · $350,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located on Riverside Drive in Fries, Virginia, the property is zoned RF and has historically been used for commercial purposes with vested commercial rights per county records. The site sits directly across from a New River boat ramp. The building contains approximately 910 square feet and includes a main level with a front entry room measuring about 25' x 10'11

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$267
Tax billed · 2023
Assessed value$49k
Assessed land$20k
Assessed improvement$29k
Effective rate0.54%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$340k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$42 – $103

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRAYSON

Location intelligence

Which uses thrive at this corner?
Best fit: Bed & Breakfast
Demand index
Bed & Breakfast6.3
Hotel & Motel6.0

Location

12 Scenic Rd Fries, VA 24330
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
472-451 Main, Fries, VA 24330 $155,000 Jun 2024 16,871 SF
473 Main, Fries, VA 24330 $128,000 Jul 2023 8,651 SF
109 Carrol, Fries, VA 24330-4532 $300,000 Oct 2022 3,400 SF
816 Main, Fries, VA 24330-4520 $189,000 Apr 2021 2,760 SF
3468 Scenic, Fries, VA 24330-4006 $40,000 Dec 2020 2,270 SF
2406 Scenic, Fries, VA 24330-4412 $32,500 Aug 2019 1,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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