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Property profile & analytics
OFF-MARKET
Commercial real estate

35 Retriever Ln Fries, VA 24330

1,396 SF 20 ac lot Built 1953
Property ID
US87-2917282
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1953
Total area 1,396 SF
Lot 20 ac (871,200 SF)
APN 25D2-A-68
UPID US87-2917282
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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