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Property profile & analytics
FOR SALE
Commercial land

625 E Atlantic St South Hill, VA 23970

0.91 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US87-2712673
Property summary
AI-generated overview

This exceptional 0.96-acre commercial land parcel in South Hill, Virginia, presents a unique investment opportunity. Located at 625 E Atlantic St (Highway 58 Bus), this highly visible property boasts 50 parking spaces and sits in a prime location between a motel and a KFC, with close proximity to a thriving strip center. Previously home to a successful restaurant, the site offers endless possibilities for redevelopment. The property is zoned Commercial/Industrial, allowing for a wide range of uses. The lot features frontage on both E Atlantic St and Maple Lane, ensuring excellent accessibility and exposure. Detailed site plans are available. A video showcasing the property is also accessible online. The asking price is $699,000, and the owner may consider a long-term lease option. This fee simple ownership offers a secure investment with significant potential for future growth and profitability in a bustling commercial area. The property's strategic location and ample parking make it an ideal site for a variety of businesses. Don't miss this chance to acquire a highly visible and versatile commercial property in a thriving Virginia town.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.91 ac (39,640 SF)
Zoning code C2
APN 078A18-25--003B
UPID US87-2712673
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
WELLS, RONALD S TRUST
WELLS, RONALD S TRUST
Zoning & alternative use
C2 · South Hill, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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