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Property profile & analytics
OFF-MARKET
Gas stations

15168 Side Hwy Grottoes, VA 24441-5301

0.78 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US87-3183678
Property summary
AI-generated overview

This exceptional mixed-use property, located at 15168 S E Side Hwy in Grottoes, Virginia, presents a unique investment opportunity. The 1,536 square foot building sits on a 0.78-acre lot zoned B2 in Rockingham County, offering high visibility and accessibility on Route 340, with over 5,700 cars passing daily. The property features a spacious shop area (30' deep x 27' wide) with two 10' wide x 9' tall drive-in doors, perfect for automotive or similar businesses. A lift and compressor are included in the sale. The building also includes a 30' deep x 20' wide office/retail space, a restroom, and 11.8' ceilings. The property is currently vacant and ready for immediate occupancy. A shared well serves the property. The asking price is $219,900, translating to $143.16 per square foot. This is an owner/user opportunity ideal for an entrepreneur seeking a turnkey operation in a prime commercial location. The property's versatile zoning and ample space make it suitable for a variety of businesses. Don't miss this chance to establish your business in a high-traffic area with excellent visibility.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Lot 0.78 ac (33,846 SF)
Zoning code RURAL BUSINESS SERV DIST
APN 160-(7)- LB
UPID US87-3183678
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Plan B Enterprises LLC · 3 yrs held
Plan B Enterprises LLC
since 2022
Last sale
$209,900
3 recorded transactions
2022
$200,000
2021
$150,000
2019
$197,100
Zoning & alternative use
RURAL BUSINESS SERV DIST · Grottoes, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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