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Property profile & analytics
OFF-MARKET
Retail space

807 Main St Amherst, VA 24521-2517

3,032 SF 1.05 ac lot Built 1945
Individually Owned 18-yr Hold Absentee Owner Free & Clear
Property ID
US87-2786057
Property summary
AI-generated overview

This exceptional business opportunity encompasses a thriving lawn and garden equipment center situated on a highly visible 1.05-acre lot in Amherst, Virginia. Established in 2008, the business boasts a strong track record of success, offering new commercial and residential lawn care equipment, an extensive range of supplies, repair parts, and comprehensive equipment repair and service. The sale includes the entire business, its substantial parts inventory, and the prime real estate. The property itself features a 2,400 square foot building zoned B1, perfectly suited for continued operation. The building's layout includes a well-designed showroom for showcasing products, a comfortable office space complete with a kitchen area, ample storage areas, a dedicated stockroom, and a well-equipped two-bay shop for repairs. The strategic location on high-traffic Business 29, with convenient access to the 29 Bypass, ensures excellent visibility and accessibility for customers. This turnkey operation presents a rare opportunity to acquire a profitable, established business with significant growth potential, coupled with valuable commercial real estate in a desirable location. The asking price of $925,000 includes the business, inventory, and the 1.05-acre property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Construction BRICK
Total area 3,032 SF
Lot 1.05 ac (45,738 SF)
Zoning code B2
APN 110 A 98
UPID US87-2786057
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
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Blend (final) Blend
by Request
Owner & transaction history
Grover L Staton · 18 yrs held
Grover L Staton
since 2008
1 recorded transaction
2008
Price N/A
Zoning & alternative use
B2 · Amherst, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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