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$1 Auction – USPS Leased and Former Truist 466 Duff Patt Hwy 6,584 SF Retail Building Duffield, VA 24244 $150,000 ($22.78/SF)
Investment Highlights
- ABSOLUTE $1 AUCTION | USPS Leased and Former Truist Bank Building | AUCTION APRIL 13-15
- USPS Recently Renewed Lease Through November 2030 at $47,250/Year
- Attractive Demographics with ±13,687 People and $53,666 Average Household Income within a 10-Mile Radius
- Freestanding USPS and Former Truist Bank on 1.33 Acre Site with 3 Drive-Thru Lanes
- Hard Corner with ±5,200 VPD Traffic Counts on Duff Patt Hwy and 0.4-mi from US-Hwy 23S (±9,980 VPD)
- Surrounding Traffic Generators: Tempur-Pedic Production USA (across street), Dollar General, Family Dollar, Hardee’s, McDonald’s, Subway, and more
Executive Summary
Marcus & Millichap is pleased to present 466 Duff-Patt Hwy in Duffield, Virginia (the “Property”). The improvements include an approximately 6,584 square-foot, two-tenant building featuring three drive-thru lanes. Situated on a single parcel totaling ±1.33 acres (±57,934 SF), the Property offers ample surface parking and multiple points of ingress/egress along Duff Patt Hwy (5,200 VPD) and Boone Trail Road. The Property is currently 72% occupied by USPS through November 2030 and offers the value-add opportunity to lease up the space previously occupied by Truist Bank. Zoned C-1, General Commercial District, the site allows for a broad range of commercial and retail uses, supporting adaptive reuse or repositioning opportunities in Duffield’s central business district.
Duffield is a community in Scott County in far southwest Virginia, positioned along the US-23 corridor that connects the region’s towns to larger employment hubs nearby. Demand drivers come more from the surrounding trade area and tourism, including Natural Tunnel State Park and outdoor recreation tied to the Clinch River area. The Property sits in a strong commercial corridor surrounded by traffic drivers and amenities such as Tempur-Pedic Production USA (across street), Dollar General, Family Dollar, Hardees, McDonald’s, Subway, and many more. The Property is located within an attractive trade area of ±13,687 residents with an average household income (AHHI) of ±$53,666 within a 10-mile radius, reinforcing the site’s lasting appeal for both investors and owner/users.
Duffield is a community in Scott County in far southwest Virginia, positioned along the US-23 corridor that connects the region’s towns to larger employment hubs nearby. Demand drivers come more from the surrounding trade area and tourism, including Natural Tunnel State Park and outdoor recreation tied to the Clinch River area. The Property sits in a strong commercial corridor surrounded by traffic drivers and amenities such as Tempur-Pedic Production USA (across street), Dollar General, Family Dollar, Hardees, McDonald’s, Subway, and many more. The Property is located within an attractive trade area of ±13,687 residents with an average household income (AHHI) of ±$53,666 within a 10-mile radius, reinforcing the site’s lasting appeal for both investors and owner/users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
6,584 SF
Building Class
B
Year Built
1978
Price
$150,000
Price Per SF
$22.78
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.33 AC
Parking
40 Spaces (6.08 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 80A4-A-8 | Improvements Assessment | $980,000 |
| Land Assessment | $93,100 | Total Assessment | $1,073,100 |
Property Taxes
Parcel Number
80A4-A-8
Land Assessment
$93,100
Improvements Assessment
$980,000
Total Assessment
$1,073,100
Contacts
-
Adam Sklaver -
Philip Kates -
Barry Wolfe -
Alan Lipsky -
Kyle Hynes -
Brian Hosey -
Marcus & Millichap
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$1 Auction – USPS Leased and Former Truist | 466 Duff Patt Hwy
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