109 Wilburn Valley RdPearisburg, VA 24134

Property Details for 109 Wilburn Valley Rd

Year built

1960

Lot size

0.25 AC

Property size (Sq ft)

1,077 SF

Zone code

RRA1

Property type

Grocery and convenience stores

APN

55 3

APU

553

Description

This well-established general commercial property at 109 Wilburn Valley Road, Pearisburg, VA, presents a unique investment opportunity. Serving the Giles County community for over three decades, Wilburn Valley Grocery Bar and Deli is a thriving business, strategically located on Rt. 100, offering the last gas stop before Pulaski County. The sale includes all necessary equipment to continue operations seamlessly, including gas pumps meeting current standards and all health department-compliant items for the lunch service. The building features a side addition plumbed for a sink, offering flexibility for expansion or modification. A high-ceilinged basement provides ample storage space. The property sits on a 0.25-acre lot and benefits from an estimated daily traffic count of 7,500 vehicles, ensuring high visibility and consistent customer flow. This turnkey operation is ready for a new owner to continue its legacy as a community staple. The asking price is $119,900. This is a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. The property's prime location and existing infrastructure make it an attractive investment for entrepreneurs seeking a ready-made business with a loyal customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $173,695

  6.5%

  $160,333

  7%

  $148,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $344,501

  Geo Method

  $459,596

• Alternative Use

  Use

  Valuation

  Residential

  $135,247

  Hospitality

  $123,886

  Educational

  $103,071

  Medical

  $106,616

  Retail

  $160,333

Location Insight

City

Pearisburg

County

Giles

State

Virginia

Latitude

37.2912

Longitude

-80.7423

CBSA code

13980

CBSA name

BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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