Individually Owned 
For Sale
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Troutville, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
