680 Chapman RdWytheville, VA 24382

Property Details for 680 Chapman Rd

Year built

1950

Construction

CONCRETE BLOCKS

Lot size

0.63 AC

Property size (Sq ft)

3,248 SF

Property type

Other commercial real estate

APN

041A-001-0000-0141A

APU

041A00100000141A

Description

This exceptional investment opportunity in Wytheville, Virginia, presents a 3,000 square foot warehouse currently generating nearly $30,000 in annual income from existing tenants. The property sits on a 0.66-acre lot and enjoys a highly convenient location near major highways, ensuring strong tenant demand and efficient logistics. A truly unique aspect of this offering is the presence of on-site billboards, which currently generate significantly more revenue than the warehouse itself – approximately double the building's income. Given the lack of alternative billboard locations in Wytheville, this represents a rare and valuable additional income stream. The existing leases provide a low-maintenance, income-generating asset, making this an ideal turnkey investment for those seeking a stable and profitable addition to their portfolio. The property's strong cash flow, coupled with the unique billboard revenue, presents a compelling opportunity for significant return on investment. This is a rare chance to acquire a high-yield commercial property in a desirable location with multiple income streams. Serious inquiries are encouraged to schedule a viewing and explore this exceptional investment opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $407,877

  Hospitality

  $373,613

  Educational

  $310,841

  Medical

  $321,532

  Retail

  $483,531

Location Insight

City

Wytheville

County

Wythe

State

Virginia

Latitude

36.9472

Longitude

-81.0579

Property Tax & Assessments

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