544 Rivercross Ln Galax, VA 24333
This exceptional commercial property, located at 544 Rivercross Ln, Galax, VA 24333, presents a unique investment opportunity. The 1,787 square foot retail space, built in 1930, sits on a generous 20-acre lot (APN: 41-A-12). Priced at $475,000 ($266 per square foot), this property offers significant potential. The existing structure boasts original hardwood floors and other period details, reflecting its rich history. Beyond the retail space, the expansive acreage provides ample room for expansion or complementary ventures. The property's location offers both privacy and convenience, situated just minutes from Galax's town center while enjoying the serene beauty of the Blue Ridge Mountains. The property is ideally suited for a variety of commercial uses, capitalizing on its unique blend of historical charm and substantial land area. This turnkey operation is ready for its next chapter. Don't miss this chance to acquire a piece of Galax's history and unlock its future potential.
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
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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.