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Property profile

1157 Lee Hwy Chilhowie, VA 24319

OFF-MARKET
Other commercial real estate
Property ID
US87-2276895
7,200 SF 0.23 ac lot Built 2014
Last sale Sep 2015 · $1,550,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This free-standing retail building was constructed in 2015 and contains 6,895 square feet on a 0.23-acre outparcel. The building is situated on a pad in front of an anchored Goodwill and Family Dollar shopping center. It has direct access and visibility from Lee Highway (State Route 11), a primary roadway connecting Chilhowie with I-81, and is located directly across from Chilhowie High School. The tenant space is currently occupied, and the building has been set up as a retail use within a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$853k
Assessed land$200k
Assessed improvement$653k
Effective rate0.59%

Value estimate

· Oct 2026
$335k
$302k – $369k
Submarket $/SF estimate$785k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$59/SF
County average, outlier-cleaned · 96 recorded sales of this use type
Observed band · Q1–Q3$27 – $109
Qualifying comparables9

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.

JurisdictionSMYTH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.3
Auto Repair Shop8.9
Electrical Service8.9

Location

1157 Lee Hwy Chilhowie, VA 24319-4697
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales 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
242 Church, Chilhowie, VA 24319 $160,000 Jun 2022 5,544 SF
119 Lee, Chilhowie, VA 24319 $275,000 Nov 2021 9,932 SF
1517 Hwy 107, Chilhowie, VA 24319-4548 $75,000 Apr 2021 6,320 SF
129 Main, Chilhowie, VA 24319 $283,600 Dec 2020 5,040 SF
302 Main, Chilhowie, VA 24319 $21,000 Mar 2019 4,740 SF
123 Main, Chilhowie, VA 24319 $150,000 Dec 2018 6,840 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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