Financial
Distress signals
Property profile

1301 Main St Altavista, VA 24517

FOR LEASE
Commercial real estate
Property ID
US87-2203201
45,360 SF 16.05 ac lot Built 1980
Last sale Jun 2022 · $4,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1301 Main St, Altavista, VA 24517 For Lease
$8,175,000
1301 Main St, Altavista, VA 24517
View Listing

Property summary

AI-generated overview

Town & Country Shopping Center, located at 1301 Main St, Altavista, VA 24517, presents a unique opportunity for retail businesses seeking a prominent location in a vibrant community. This fully vacant shopping center offers a total of 26,950 square feet of retail space, providing flexibility for a variety of uses. The property is ideally suited for a single large tenant or multiple smaller tenants, with space options ranging from approximately 3,000 square feet to 22,000 square feet. Its…

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?
$21k
Tax billed · 2023
Assessed value$4.73M
Assessed land$722k
Assessed improvement$4.00M
Effective rate0.45%

Value estimate

· Sep 2026
$8.18M
$7.36M – $8.99M
Submarket $/SF estimate$8.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$70 – $187

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.

JurisdictionCAMPBELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.1
Building Supply11.0
Wholesale Shop10.0

Location

1301 Main St Altavista, VA 24517
County assessor Recorded deeds · 1 transfer 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
1522 Main, Altavista, VA 24517-1130 $1,200,000 Dec 2025 35,520 SF
2600 Dearing Frd, Altavista, VA 24517-0009 $787,500 Jul 2025 15,660 SF
1073 Ln Access, Altavista, VA 24517-1752 $220,000 Jun 2024 13,900 SF
701 5th, Altavista, VA 24517-1719 $2,600,000 May 2024 59,598 SF
1051 Main, Altavista, VA 24517-1534 $498,000 Apr 2024 4,680 SF
103 Ogden, Altavista, VA 24517-1038 $13,500,000 Mar 2024 60,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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