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5383 Lee Hwy 14,287 SF Retail Building Troutville, VA 24175 $800,000 ($55.99/SF)
Executive Summary
Offered by Hall Associates, Inc. | Gavin Hollingsworth and Thomas Turner, SIOR, CCIM and co-listed with Reiner Realty | Rene Reiner. Prime 2+ acre corner site in Troutville, VA just minutes from Interstate 81. Offering excellent visibility, access, and signage potential. Located on a busy highway in growing Botetourt County. Ideal for owner/user, mixed use, or potential redevelopment seeking strong traffic exposure. The brick building with a tin roof has upgraded electrical, HVAC, roof, and professional encapsulated asbestos. Two exterior loading docks support distribution, storage, or service uses. A 3 bed / 2 bath living quarters with full kitchen, roof top deck, and open-air courtyard provides additional income, an on-site manager space, or live/work potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,287 SF
Building Class
C
Year Built
1927
Price
$800,000
Price Per SF
$55.99
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.16
Lot Size
2.10 AC
Zoning
T - Town
Parking
100 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
137’ on Lee Hwy
Amenities
- Courtyard
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Rebel Yell Auction Co
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Rebel Yell Auction Co | Professional, Scientific, and Technical Services | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 101D-69 | Improvements Assessment | $204,000 |
| Land Assessment | $123,800 | Total Assessment | $327,800 |
Property Taxes
Parcel Number
101D-69
Land Assessment
$123,800
Improvements Assessment
$204,000
Total Assessment
$327,800
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5383 Lee Hwy