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Vacant 8,000 SF Shell | Regional Highway 18309 A L Philpott Hwy 8,000 SF Retail Building Spencer, VA 24165 $975,000 ($121.88/SF)

Executive Summary
A former Family Dollar freestanding 8,000 SF building located at 18309 A L Philpott Hwy, Spencer, VA. The structure was built in 2013 and was previously used for retail. The property is currently vacant.
Location
Address: 18309 A L Philpott Hwy, Spencer, VA 24165.
Regional Area: Situated on US-58 between Stuart and Martinsville.
Building Specifications
Square Footage: 8,000 SF.
Year Built: 2013.
Interior: Open-Concept Retail Floor Plan
Parking: On-site paved parking lot.
Potential Uses The building is a shell that may be adapted for various commercial uses, including:
Automotive parts or supply.
Hardware, feed, or agricultural supply.
Medical, dental, or professional office space.
General retail or specialty grocery.
Due Diligence
Use & Compliance: Buyer is responsible for confirming that their intended use complies with all local ordinances and requirements.
Information Accuracy: All data provided is for informational purposes only. Square footage, property boundaries, and building systems are subject to independent verification and professional inspection by the buyer during the due diligence period.
Location
Address: 18309 A L Philpott Hwy, Spencer, VA 24165.
Regional Area: Situated on US-58 between Stuart and Martinsville.
Building Specifications
Square Footage: 8,000 SF.
Year Built: 2013.
Interior: Open-Concept Retail Floor Plan
Parking: On-site paved parking lot.
Potential Uses The building is a shell that may be adapted for various commercial uses, including:
Automotive parts or supply.
Hardware, feed, or agricultural supply.
Medical, dental, or professional office space.
General retail or specialty grocery.
Due Diligence
Use & Compliance: Buyer is responsible for confirming that their intended use complies with all local ordinances and requirements.
Information Accuracy: All data provided is for informational purposes only. Square footage, property boundaries, and building systems are subject to independent verification and professional inspection by the buyer during the due diligence period.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2013
Price
$975,000
Price Per SF
$121.88
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.07 AC
Opportunity Zone
Yes
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 081340003 | Improvements Assessment | $743,600 |
| Land Assessment | $174,800 | Total Assessment | $918,400 |
Property Taxes
Parcel Number
081340003
Land Assessment
$174,800
Improvements Assessment
$743,600
Total Assessment
$918,400
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Vacant 8,000 SF Shell | Regional Highway | 18309 A L Philpott Hwy
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