7329 Peppers Ferry BlvdFairlawn, VA 24141

Property Details for 7329 Peppers Ferry Blvd

Lot size

3.71 AC

Zone code

CM1

Property type

Commercial real estate

APN

028-001-0000-020C

APU

0280010000020C

Description

This exceptional investment opportunity presents a substantial 3.71-acre commercial shopping center strategically positioned in Fairlawn, Virginia. Its central location offers convenient access to Radford, Dublin, and Christiansburg, ensuring high visibility and strong potential for tenant occupancy. The property comprises multiple suites, each designed to accommodate a variety of commercial uses. Several suites boast loading docks, ideal for businesses requiring efficient goods handling. The building is equipped with a mix of heating systems

• CAP approach

  CAP return

  Valuation

  6%

  $20,094,300

  6.5%

  $18,548,600

  7%

  $17,223,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,513,400

  Geo Method

  $27,366,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $41,389,600

  Retail / Commercial

  $20,270,700

  Mixed-Use / Specialty

  $19,446,900

  Hospitality / Lodging

  $13,289,100

  Office

  $18,548,600

  Institutional / Educational

  $19,948,400

  Residential Income

  $23,339,600

  Multifamily

  $32,158,500

  Automotive / Energy

  $17,098,600

  Parking / Income-Based Land

  $6,643,010

  Restaurant / Food Service

  $8,510,590

  Healthcare / Senior Housing

  $20,713,100

Location Insight

City

Radford

County

Pulaski

State

Virginia

Latitude

37.1493

Longitude

-80.5855

CBSA code

13980

CBSA name

BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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