7229 Fancy Gap Hwy Fancy Gap, VA 24328
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.