625 Atlantic StSouth Hill, VA 23970

  • Land
  • 0.91 AC
For Sale
$699,000 View listing

Property Details for 625 Atlantic St

Lot size
0.91 AC
Zone code
C2
Property type
Land
Property subtype
Commercial land
APN
078A18-25--003B
APU
078A1825003B

Description

This exceptional 0.96-acre commercial land parcel in South Hill, Virginia, presents a unique investment opportunity. Located at 625 E Atlantic St (Highway 58 Bus), this highly visible property boasts 50 parking spaces and sits in a prime location between a motel and a KFC, with close proximity to a thriving strip center. Previously home to a successful restaurant, the site offers endless possibilities for redevelopment. The property is zoned Commercial/Industrial, allowing for a wide range of uses. The lot features frontage on both E Atlantic St and Maple Lane, ensuring excellent accessibility and exposure. Detailed site plans are available. A video showcasing the property is also accessible online. The asking price is $699,000, and the owner may consider a long-term lease option. This fee simple ownership offers a secure investment with significant potential for future growth and profitability in a bustling commercial area. The property's strategic location and ample parking make it an ideal site for a variety of businesses. Don't miss this chance to acquire a highly visible and versatile commercial property in a thriving Virginia town.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,237,118
    Hospitality
    $6,629,161
    Educational
    $5,515,384
    Medical
    $5,705,066
    Retail
    $8,579,486
625 Atlantic St, South Hill, Virginia

Location Insight

City
South Hill
County
Mecklenburg
State
Virginia
Latitude
36.7215
Longitude
-78.1181

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,475
$618,800
-
$618,800
-
$618,800
-
$618,800

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].