3100 Us Hwy 23rd N Weber City, VA 24290
This exceptional 1.3-acre commercial lot, totaling 56,628 square feet, is ideally situated at the bustling intersection of Highway 23 and Wadlow Gap Road in Weber City, Virginia (zip code 24290). Boasting a prime location on a four-lane highway, this property benefits from over 27,000 vehicles passing daily. The existing single-story, 6,942 square foot building, constructed in 1989, offers significant potential for a variety of uses. The site features a wide driveway providing easy access from the highway to a clear, level area. Possible uses include, but are not limited to, car sales, landscaping/garden centers, equipment sales and service, truck parking/storage, or a fast-food restaurant. The owner is open to build-to-suit options with a long-term lease agreement. This location serves as a key commuter route connecting Gate City and Southwest Virginia to Kingsport, I-26, and the Tri-Cities region. The property's high visibility and convenient access make it an attractive opportunity for businesses seeking a strong presence in a high-traffic area.
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Exxon Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
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Risks
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