Financial
Distress signals
Property profile

355 Falls Dr Abingdon, VA 24210

FOR SALE
Other commercial real estate
Property ID
US87-2757661
822 SF Built 2005
Last sale Nov 2023 · $61,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office property includes two separate office spaces with a combined interior area of 850 square feet, configured for client meetings and everyday business use. The building is located at 355 Falls Drive in Abingdon, Virginia, and was constructed in 2005. The layout supports either individual occupancy of one office space or combined use of both offices, depending on the applicable tenancy arrangement.

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$83k
Assessed land$20k
Assessed improvement$63k

Value estimate

· Sep 2026
$65k
$59k – $72k
AI approach$70k

Realmo valuation models over county records.

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

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?
ABINGDON
JurisdictionWASHINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.4
Kitchen & Bath10.4
Convenience Store9.9

Location

355 Falls Dr Abingdon, VA 24210
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
19028 Lee, Abingdon, VA 24210 $467,500 Jun 2025 1,666 SF
124 Wall NW, Abingdon, VA 24210-2730 $200,000 May 2025 3,116 SF
170 Vly NW, Abingdon, VA 24210-2836 $735,000 Apr 2025 2,304 SF
604 608th W Main, Abingdon, VA 24210 $235,000 Apr 2025 2,108 SF
978 Main, Abingdon, VA 24210-2428 $185,000 Jan 2025 1,344 SF
112 Ingram NW, Abingdon, VA 24210-2604 $289,000 Jan 2025 1,950 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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