1477 Carrollton PikeHillsville, VA 24343

  • Other commercial real estate
  • 3.31 AC
For Sale
$489,500 View listing

Property Details for 1477 Carrollton Pike

Lot size
3.31 AC
Property type
Other commercial real estate
APN
82-1-A2
APU
821A2

Description

This versatile 3,680 square foot commercial building presents a compelling investment opportunity in Hillsville, VA. Strategically located just off Exit 14, this property boasts exceptional visibility and convenient access, ensuring high traffic exposure. The building's flexible layout includes multiple rooms and offices, complemented by a spacious open area, ideal for a variety of business uses. This adaptability allows for customization to suit diverse operational needs. The interior features multiple entry doors, a practical kitchenette, and a full bathroom, enhancing both functionality and convenience. A strong rental history underscores the property's proven income potential. Beyond the building itself, the expansive 3.31-acre lot provides ample outdoor space, offering significant potential for expansion, additional parking, or outdoor operations. The combination of prime location, flexible interior, and generous land area makes this property an attractive prospect for entrepreneurs and investors seeking a well-established commercial space with significant growth potential. The property's established rental history further solidifies its value and potential return on investment. This is a rare opportunity to acquire a well-maintained and highly visible commercial building in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,095,250
    Hospitality
    $16,575,152
    Educational
    $13,790,332
    Medical
    $14,264,603
    Retail
    $21,451,628
1477 Carrollton Pike, Hillsville, Virginia

Location Insight

City
Hillsville
County
Carroll
State
Virginia
Latitude
36.7457
Longitude
-80.7698

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
$2,342
$227,700
$169,200
$396,900
-
$227,700
$169,200
$396,900

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