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Property profile & analytics

7367 Lee Hwy Troutville, VA 24175

  • Commercial real estate
  • 1.44 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-1683468
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 7367 Lee Hwy

Lot size
1.44 lot acres
Zone code
B-2
Property type
Commercial real estate
APN
89-90
APU
8990

Description

This exceptional commercial property in Troutville, VA, presents a unique investment opportunity. Located at 7367 Lee Highway, this single-story building boasts 4,937 square feet of space situated on a 1.44-acre lot. The property benefits from an impressive 500 feet of road frontage, ensuring high visibility and easy accessibility for customers. Ample parking is available. The property's previous use as a truck stop and gas station is reflected in its existing infrastructure, including four operational gas pumps with up-to-date underground tanks (10,000-gallon, 6,000-gallon, 4,000-gallon, and 2,000-gallon capacities) and a state-of-the-art monitoring system compliant with EDQ standards. The building itself is constructed with a durable wood frame and vinyl exterior. Recent improvements include a new hot water tank and a recently pumped septic system. Heating is provided by oil, and cooling by an AC system. Two water wells provide a reliable water supply. The layout offers considerable flexibility, making it suitable for a variety of retail or service businesses, including but not limited to a gas station, restaurant, convenience store, ice cream shop, or bait and tackle shop. Priced below tax assessment, this high-traffic property offers incredible potential for a savvy investor. The property's location and existing infrastructure make it an attractive proposition for entrepreneurs seeking a turnkey operation or a blank canvas for their business vision.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Troutville
County
Botetourt
State
Virginia
Longitude
-79.8569
Latitude
37.4411
CBSA code
40220
CBSA name
ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$81,600
$239,800
$321,400
-
$81,600
$239,800
$321,400
More about this property
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