You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Commercial real estate

7429 Lee Hwy Fairlawn, VA 24141

0.43 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US87-2450215
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 immediate occupancy. The building features one story and is zoned CM - Commercial. The previous tenant's expansion to a larger nearby location speaks volumes about the property's desirability and potential. Benefit from the high-traffic location, surrounded by established businesses including Lowe's, Walmart, Kroger, Starbucks, Sheetz, Rural King, and various fast-food restaurants. This is an ideal location to establish or expand your retail presence in a thriving commercial area. The property's recent renovation ensures a modern and functional space, minimizing upfront capital expenditures. Don't miss this chance to secure a prime retail location in a high-demand area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.43 ac (18,731 SF)
Zoning code CM1
APN 039-006-0001-007A
UPID US87-2450215
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
SHEPHERD PROPERTIES CHRISTIANSBURG
SHEPHERD PROPERTIES CHRISTIANSBURG
Zoning & alternative use
CM1 · Fairlawn, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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