Financial
Distress signals
Property profile

7429 Lee Hwy Fairlawn, VA 24141

FOR LEASE
Commercial real estate
Property ID
US87-2450215
0.43 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 6,000-square-foot standalone retail building presents a unique opportunity in Fairlawn, Virginia. Located at 7429 Lee Hwy, at the intersection of US Route 11 and Prices Fork Road, this Class A property boasts high visibility and traffic counts. Situated on a 0.44-acre lot, the building offers a single-tenant occupancy with ample space for a variety of retail businesses. Constructed in 1990 and extensively renovated in 2021, the property is in excellent condition and ready for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$525k
Assessed land$190k
Assessed improvement$335k
Effective rate0.74%

Value estimate

· Sep 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CM1
JurisdictionPULASKI

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.5
Building Supply9.6
Parking Facility9.4

Location

7429 Lee Hwy Fairlawn, VA 24141
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6598 New Riv, Fairlawn, VA 24141-8532 $360,000 Feb 2026 No data
7195 Lee, Radford, VA 24141 $25,200 Jul 2025 No data
7406 Lee Hwy, Fairlawn, VA 24141-8502 $2,309,091 Jun 2025 No data
7329 Peppers Fry Blvd, Radford, VA 24141 $2,625,000 May 2025 No data
Radford, VA 24141 $477,000 May 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message