19026 Main St Buchanan, VA 24066
Property profile & analytics
19026 Main St, Buchanan, VA 24066
- Retail space
- 9,270 SF
- 0.66 lot acres
Property ID
US87-1709073
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 19026 Main St
- Year built
- 2007
- Lot size
- 0.66 lot acres
- Zone code
- 4
- Property type
- Retail space
- APN
- 65A-88D
- APU
- 65A88D
Description
This exceptional investment opportunity presents a 9,270 square foot Family Dollar store located at 19026 Main St, Buchanan, VA 24066. Boasting a strong 8.15% cap rate and a corporate-guaranteed lease with a national tenant, this single-tenant property offers significant financial stability. The lease, originally commencing August 4, 2006, has a remaining term of approximately 3.1 years, extending to December 31, 2027, with three additional five-year options. The property, built in 2007 and renovated in 2022, benefits from a high-visibility location on Main Street, offering excellent access to Interstate 11 and Highway 81. The lease is a Net Lease (NN) structure, with the tenant responsible for taxes and insurance. The landlord is responsible for roof, structure, and parking lot maintenance, capped at $1,000 annually. Adding to the income stream, the tenant pays a percentage rent equal to 3% of gross sales exceeding $1,983,333 annually. The asking price is $730,000, representing a price per square foot of $78.75. The property's strong tenant, recent renovations, and favorable lease terms make this a compelling investment opportunity with a substantial return. The property features one story and a total of 9,270 square feet of net rentable space. The APN is 65A-88D. This is a 100% occupied property with a current NOI of $59,500.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $595,000
- ML approach
- $545,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Buchanan
- County
- Botetourt
- State
- Virginia
- Longitude
- -79.6889
- Latitude
- 37.5204
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$100,000
$542,300
$642,300
-
$100,000
$542,300
$642,300
