35 Retriever Ln Fries, VA 24330
This exceptional 20-acre property in Fries, Virginia, presents a unique investment opportunity. The site includes a 1,396 square foot retail building constructed in 1953, offering significant potential for redevelopment or repurposing. The asking price is $149,900, translating to $107.38 per square foot. The property also features a three-bedroom, one-bathroom farmhouse cottage, a two-car garage, outbuildings, and an old barn, all ripe for renovation. The expansive acreage offers a blend of cleared and wooded areas, ideal for various uses, including gardening, pastureland, or additional structures. Located in Grayson County, VA, zip code 24330 (APN: 25D2-A-68), this property enjoys proximity to the New River, National Forest, and the charming community of Fries. The substantial lot size and existing structures provide a versatile platform for a range of commercial or residential ventures. This property is a rare find, combining rural tranquility with significant development potential. The existing structures, while requiring renovation, offer a solid foundation for a new business or a unique residential retreat. The combination of land and building presents a compelling opportunity for investors seeking a project with high upside potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.