Skip to content
Welcome! Are you part of the community? Sign up now.
x
For sale 7 days ago

$109,000

Interstate 81, Exit 29, Glade Spring, VA 24340

Lot

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Highly desirable vacant lot with B-2 zoning located just off Interstate 81

PRIME LOCATION- Highly desirable vacant lot with B-2 zoning located just off Interstate 81 (exit 29) Glade Spring, Virginia. This property is well maintained and provides easy access and great visibility (Interstate 81 VPD 32,000, Maple St VPD 8200). This site is ideal for a number of commercial uses. The property comes with access to water, sewer, and electricity connections. Commercial users in the immediate area include Petro Travel Center, Marathon Gas, Subway, Dollar General, Wendys, Econo Lodge, Peterbilt, and Arbys amongst others. Close proximity to Lee Highway (US 11), this location offers strategic visibility, making it an ideal investment opportunity. Median household income in Glade Spring is $70,000 (Census.gov). Call Seller directly, John Patton at 786-473-4686

Location:

Interstate 81, Exit 29, Glade Spring, VA 24340

Looking for an agent?
Start a rental property calculator report
Use the rental calculator to determine this property's potential profit.
Analyze this property

* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.