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Property profile & analytics
OFF-MARKET
Commercial real estate

544 Rivercross Ln Galax, VA 24333

1,787 SF 20 ac lot Built 1930
Property ID
US87-2925889
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1930
Total area 1,787 SF
Lot 20 ac (871,200 SF)
APN 41-A-12
UPID US87-2925889
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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