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Property profile & analytics
OFF-MARKET
Commercial real estate

18145 Main St Buchanan, VA 24066-5555

1.2 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US87-1784087
Property summary
AI-generated overview

This exceptional 5,800-square-foot office building presents a unique investment opportunity in Buchanan, Virginia. Located at 18145 Main St, this two-story, single-tenant property offers a versatile layout ideal for a variety of businesses. Built in 1950, the building features a traditional office design with a mix of private offices and open work areas, catering to diverse operational needs. The main floor encompasses 3,333 square feet, while the second floor provides an additional 2,467 square feet, accessible via a walk-up staircase. The entire 5,800 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's APN is 65(6)C, situated in Botetourt County, VA, zip code 24066. This prime location on Main Street offers excellent visibility and accessibility. The building does not include elevators. This is a rare opportunity to acquire a substantial, well-located office building in a desirable Virginia town. The property's size and layout offer significant potential for customization and adaptation to suit a wide range of business requirements. Its traditional design blends seamlessly with the character of Buchanan, while its vacant status allows for immediate occupancy and tailored renovations. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.2 ac (52,272 SF)
Zoning code T
APN 65(6)C
UPID US87-1784087
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
3md Properties LLC · 3 yrs held
3md Properties LLC
since 2022
Last sale
$225,000
2 recorded transactions
2022
$225,000
2019
Price N/A
Zoning & alternative use
T · Buchanan, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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