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Property profile & analytics

1026 Main St Marion, VA 24354-6756

  • Commercial real estate
  • 1,886 SF
  • 0.40 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1924563
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

  • Commercial real estate

Property Details for 1026 Main St

Year built
1982
Lot size
0.40 lot acres
Property size
1,886 SF
Property type
Commercial real estate
APN
227-105-1
APU
2271051

Description

This 1.65 to 1.74-acre commercial lot in Marion, Virginia, presents a remarkable development opportunity. Located at 1026 N Main St, 24354, this fee simple property boasts excellent visibility with approximately 200 feet of road frontage along Marion's busiest street. Its strategic location places it amidst a thriving mix of retail, fast food, and grocery businesses, offering immediate access to a substantial customer base. The property's proximity to Emory & Henry's Life Sciences Facility, Smyth County Hospital, and Ballad Health's Marion location further enhances its appeal. The site's elevated position provides optimal visibility and accessibility. A significant advantage is the anticipated opening of a major grocery store directly across the street, promising increased foot traffic and consumer activity. The ample space allows for the development of a large-scale business, such as a quick-service restaurant (QSR) or other restaurant concept, with sufficient room for ample parking. The property is zoned Commercial General, providing flexibility for a wide range of commercial uses. This vacant land offers an exceptional foundation for a successful business venture in Marion's expanding market. The combination of size, location, visibility, and high foot traffic makes this an unparalleled investment opportunity.


Value Estimations

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Location Insight

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  • Local Demand
City
Marion
County
Smyth
State
Virginia
Longitude
-81.5368
Latitude
36.824

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
$1,525
$52,300
$206,200
$258,500
-
$52,300
$206,200
$258,500
More about this property
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