Specialty

Castlewood, VA Specialty Properties for Sale

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Church Facility with Classrooms
Updated: Feb 28
Church Facility with Classrooms

368 Clay Street, Castlewood, VA 24224

$600,000
6,000 sqft 3.00 AC lot
6,000‑square‑foot church facility on 3 acres
Built in 2001 with metal siding and a shingle roof
Main gathering area, nursery, multiple classrooms, and fellowship hall
Fully equipped kitchen plus sound room and attic storage
Two offices and three half baths
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Versatile Institutional Facility
Updated: Feb 28
Versatile Institutional Facility

368 Clay St, Castlewood, VA 24224

$600,000
6,000 sqft
Well‑maintained church building with large main gathering area, nursery, and multiple classrooms for flexible use
Includes a generous fellowship hall and a fully equipped kitchen for hosting events
Additional rooms include a sound room and two offices
Three half baths plus an attic for storage
Generous parking area included
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Castlewood, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Axe-Throwing Specialty Property
Axe-Throwing Specialty Property

1500 Euclid Avenue, Bristol, VA 24201

$600,000
5,100 sqft

Established entertainment venue with multiple rooms, public restrooms, concrete flooring, and central HVAC.

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Turnkey Axe Throwing Venue
Turnkey Axe Throwing Venue

1500 Euclid Ave, Bristol, VA 24201

$600,000
5,100 sqft

Turnkey axe throwing business with multiple rooms designed for simultaneous events in Bristol, Virginia.

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Commercial Space on Front Street
Commercial Space on Front Street

213 E Front St., Coeburn, VA 24230

Contact for pricing
0.11 AC lot

Large commercial space suitable for various business ventures.

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Historic Building with Unique Signage
Historic Building with Unique Signage

417 Front, Coeburn, VA 24230

Contact for pricing

Unique historic building with original signage in Coeburn, Virginia.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lakefront Acreage on South Holston
Lakefront Acreage on South Holston

Lake Pointe Drive lot: 38, Abingdon, VA 24210

$92,500
1.75 AC lot

1.75-acre lakefront lot on South Holston Lake.

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Castlewood, VA Specialty Properties Market Trends and Statistics

Explore 2 specialty properties for sale in Castlewood, VA on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $1,200,000.

Sale prices for properties in Castlewood, VA average $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Churches & religious facilities 2
Schools 2

Demographics Overview

Population 5,330
Population Growth (5Y) -10.8%
Median Household Income $47,967
College Educated 18.3%

High-Yield Neighborhoods for Investment

Identify Castlewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24224 $600K

Taxes & Financing

Tax Rate (average for all types) 0.63%
Property Tax per SF $16.93 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Russell County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Russell County

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