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Property profile & analytics
OFF-MARKET
Commercial real estate

7229 Fancy Gap Hwy Fancy Gap, VA 24328

1.62 ac lot
Entity Owned Free & Clear
Property ID
US87-3248814
Property summary
AI-generated overview

This exceptional 10,500-square-foot commercial building, constructed in 2024, presents a unique investment opportunity in Fancy Gap, Virginia. Located at 7229 Fancy Gap Highway, this multi-use property boasts versatile space suitable for retail, warehouse, or adaptable uses. The building features over 350 feet of direct road frontage on US-52, providing excellent visibility and accessibility. Its strategic location offers significant advantages, situated less than a mile from Exit 8 of I-77, a high-traffic area averaging over 40,000 vehicles daily. US-52 itself sees approximately 5,000 vehicles daily, further enhancing the property's exposure. The building's design and location make it well-suited for a variety of businesses, including dollar stores, hardware and appliance stores, or general convenience stores. The property's versatility and prime location have already attracted interest from large corporations seeking leasing opportunities. The asking price is $750,000, translating to $71 per square foot. The property's APN is 114-A-165. This is a rare chance to acquire a newly built, high-visibility commercial property in a thriving location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.62 ac (70,698 SF)
APN 114-A-165
UPID US87-3248814
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fancy Gap Properties LLC
Fancy Gap Properties LLC
since 2025
Last sale
$625,000
4 recorded transactions
2025
$625,000
2023
Price N/A
2022
$25,000
2022
$88,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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