1200 Main StPulaski, VA 24301

  • Commercial real estate
  • 3.96 AC
For Lease
$4/SF/YR View listing

Property Details for 1200 Main St

Lot size
3.96 AC
Zone code
PB2
Property type
Commercial real estate
APN
072-001-0000-0056
APU
7200100000056

Description

Pulaski Plaza, located at 1200 E Main St, Pulaski, VA 24301, offers exceptional retail space in a thriving commercial center. This single-story, 112,340 square foot building features 13 suites, with 32,750 square feet currently vacant. Spaces range from a minimum of 900 square feet to a maximum contiguous space of 29,000 square feet, providing flexibility for various business needs. The property boasts convenient access via a signalized light on E Main Street, ensuring high visibility and easy customer access. Pulaski Plaza is anchored by established national retailers, including Food Lion and Family Dollar, creating a strong customer base and significant daily foot traffic. This prime location in Pulaski County presents a unique opportunity to establish or expand your business within a successful and well-established retail environment. The property's high visibility and convenient location make it an ideal choice for businesses seeking a strong presence in the Pulaski market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,448,400
    6.5%
    $19,798,500
    7%
    $18,384,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,895,700
    Geo Method
    $29,210,800
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $44,178,700
    Retail / Commercial
    $21,636,600
    Mixed-Use / Specialty
    $20,757,300
    Hospitality / Lodging
    $14,184,600
    Office
    $19,798,500
    Institutional / Educational
    $21,292,600
    Residential Income
    $24,912,300
    Multifamily
    $34,325,600
    Automotive / Energy
    $18,250,800
    Parking / Income-Based Land
    $7,090,650
    Restaurant / Food Service
    $9,084,080
    Healthcare / Senior Housing
    $22,108,900

Location Insight

City
Pulaski
County
Pulaski
State
Virginia
Latitude
37.0466
Longitude
-80.755
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
$18,119
$345,300
$2,103,200
$2,448,500
-
$345,300
$2,103,200
$2,448,500

FAQs

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