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Virginia Auto Outlet 1873 S Amherst Hwy 27,411 SF Retail Building Amherst, VA 24521 $2,795,000 ($101.97/SF)
Investment Highlights
- B-2 Zoning
- Fenced Yard with additional building
- 16-18’ Ceilings in mechanic shop
Executive Summary
• Commercially zoned as B-2
• Readaptive uses for the property would include flex-industrial, equipment, wholesale supply, large automotive/trucking
• The automotive dealership is well designed, and a near turnkey set-up for the next owner
• Full glass windows surround the showroom
• Existing lifts remain in place in mechanic shop area; separate entrance for Service & Parts department
• Oversized bay, with two drive-in doors, dedicated to spray booth, detailing and photography
• Fully conditioned building with 16-18’ ceilings in mechanic shop and oversized bay
• Fenced yard in the rear with additional building used for washing vehicles
• Covered carport area to the left of the showroom
• 213 parking spaces
• Outdoor storage opportunities
• Excess land provides additional development opportunities
Property Facts
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Safford Brown Automotive Group began as Safford Automotive Group in 2002, when the business entered the market with its first dealership and later expanded across Virginia and Maryland. In 2022, Safford Automotive Group acquired Brown Automotive Group's dealerships, and the combined business adopted the Safford Brown Automotive Group name. The company sells new, used, and certified pre-owned vehicles and represents a broad mix of brands, including Chrysler, Dodge, Jeep, Ram, Fiat, Alfa Romeo, Nissan, Maserati, Honda, Toyota, BMW, Genesis, Hyundai, Mazda, Subaru, Kia, and Volkswagen. That mix of retail offerings gives the group a broad automotive sales presence in the Mid-Atlantic market.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,249,400 | |
| Land Assessment | $457,300 | Total Assessment | $1,706,700 |
Property Taxes
