625 E Atlantic St South Hill, VA 23970
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · South Hill, VANo 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.