Financial
Distress signals
Property profile

26609 Newbanks Rd Abingdon, VA 24210

OFF-MARKET
Commercial real estate
Property ID
US87-1754131
28,672 SF 3 ac lot Built 1998
Last sale May 2021 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 34,000-square-foot cold storage and distribution facility is situated on a 2.98-acre lot in Abingdon, Virginia, offering unparalleled access to major transportation routes via I-81 Exit 22. The single-story, Class B building, constructed in 1998, boasts a 30-foot ceiling height, providing ample storage capacity. The property features four loading docks with four dock-high doors, five drive-ins, and 50 total parking spaces, ensuring efficient operations. The facility is…

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

What does the county charge?
Assessed value · 2024$735k
Assessed land$90k
Assessed improvement$645k

Value estimate

· Sep 2026
$1.22M
$1.10M – $1.34M
AI approach$1.39M
Submarket $/SF estimate$1.02M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$122/SF
ZIP average, outlier-cleaned · 132 recorded sales of this use type
Observed band · Q1–Q3$70 – $184
Qualifying comparables3

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

What can be built here?
M1 INDUSTRIAL LIMITED
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.4
Pharmacy8.2
Nail Salon7.7

Location

26609 Newbanks Rd Abingdon, VA 24210-7592
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

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
298 Towne Ctr, Abingdon, VA 24210-3251 $2,375,000 Dec 2025 19,609 SF
909 Main, Abingdon, VA 24210-2481 $1,050,000 Jun 2025 7,220 SF
616 Campus, Abingdon, VA 24210-9706 $1,765,000 May 2025 7,668 SF
176 Vly NW, Abingdon, VA 24210-2859 $735,000 Apr 2025 8,100 SF
370 Main, Abingdon, VA 24210-2984 $525,000 Mar 2025 5,649 SF
827 Vlg, Abingdon, VA 24210-4733 $6,400,000 Dec 2024 32,948 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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