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    Property profile & analytics

    3553 Foster Falls Rd Barren Springs, VA 24313

    • Retail space
    • 8,320 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-2555291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Family Dollar / Toy Store / Dollar Store

    Property Details for 3553 Foster Falls Rd

    Year built
    2018
    Property size
    8,320 SF
    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional investment opportunity presents a single-tenant, 8,320-square-foot Family Dollar storefront located at 3553 Foster Falls Rd, Barren Springs, VA 24313. Built in 2018, this freestanding building boasts a strong 8.37% cap rate and a substantial net operating income (NOI) of $83,500. The property features ample parking with 41 spaces and is situated on a prominent site. The current lease with Family Dollar is a Net Lease (NN+) agreement with a remaining term of approximately 3.4 years, expiring March 31, 2028. The lease includes built-in rent bumps and six 5-year renewal options, providing long-term stability and predictable income growth. The asking price is $997,500, translating to a price per square foot of $119.89. This one-story building offers a secure investment with a proven tenant and significant upside potential. The property's location in Wythe County, Virginia, provides convenient access to local amenities and a strong customer base. This is an ideal opportunity for investors seeking a stable, high-yielding retail investment with a well-established national tenant. The property's strong financial performance and favorable lease terms make it a compelling addition to any portfolio.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Barren Springs
    County
    Wythe
    State
    Virginia
    Longitude
    -80.802941
    Latitude
    36.908363
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    3553 Foster Falls Rd
    Barren Springs, VA 24313
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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