150 Colonial E Trl Surry, VA 23883-2700
This 0.76-acre commercial property at 150 Colonial Trail in Surry, Virginia, presents a unique opportunity for entrepreneurs and investors. Located in the heart of downtown Surry on Route 10, this corner lot offers exceptional visibility for any business. The existing building on the site requires rehabilitation or could be replaced entirely, allowing for complete customization to suit your specific needs. The property's prime location ensures high traffic and exposure, making it ideal for a variety of commercial ventures. This is a chance to establish a strong presence in a thriving community. The asking price is $350,000. The square footage of the existing building is not currently available. The property's strategic position on a corner lot in the downtown area guarantees significant visibility and accessibility for customers. This presents a rare chance to acquire a well-situated commercial property in Surry, VA, ready for redevelopment or renovation to match your business vision. The property's size and location make it suitable for a wide range of commercial uses, offering significant potential for return on investment. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.