2460 Lee HwyPulaski, VA 24301

  • Commercial real estate
  • 4.99 AC
For Sale
$995,000 View listing

Property Details for 2460 Lee Hwy

Lot size
4.99 AC
Property type
Commercial real estate
APN
063-025-0000-025A
APU
0630250000025A

Description

This exceptional 4.99-acre commercial property, located at 2460 LEE Highway in Pulaski, VA, presents a unique investment opportunity. Situated directly adjacent to the acute care department of the Lewis Gale Hospital campus, this property enjoys unparalleled visibility and accessibility. Currently configured as a single-tenant building, it offers significant potential for redevelopment into a modern multi-tenant medical or professional office complex. Recent improvements include a new roof and faГ§ade, enhanced landscaping, resealed parking areas, new exterior lighting, and upgraded HVAC systems. The property benefits from a recent zoning change to RO (Residential/Office) and a granted Special Use Permit for medical offices, streamlining the process for medical professionals seeking a convenient and high-profile location. The existing building provides immediate occupancy for a single tenant, while the flexible zoning and ample space allow for future expansion or conversion to accommodate multiple tenants. Lewis Gale Hospital, a full-service facility with state-of-the-art equipment and technology, is a significant draw for medical professionals and patients alike. This location offers exceptional convenience for surgeons and specialists requiring close proximity to the hospital to optimize clinical time. The asking price is $995,000. Build-to-suit options may be available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,296,082
    Hospitality
    $25,003,064
    Educational
    $20,802,256
    Medical
    $21,517,676
    Retail
    $32,359,064

Location Insight

City
Pulaski
County
Pulaski
State
Virginia
Latitude
37.0696
Longitude
-80.7561
CBSA code
13980
CBSA name
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

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
2024
$7,079
$102,400
$854,200
$956,600
-
$102,400
$854,200
$956,600

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].