9601 Kentuck RdSutherlin, VA 24594
- Retail properties
- 1,488 SF
Property Details for 9601 Kentuck Rd
- Year built
- 1934
- Lot size
- 1.72 AC
- Property size (Sq ft)
- 1,488 SF
- Zone code
- B-2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 2460-27-8537
- APU
- 2460278537
Description
This 1,488 sq ft commercial property, situated on a 1.88-acre lot at 9601 Kentuck Road in Sutherlin, VA, presents a unique investment opportunity. The building is adaptable and could easily be configured for a variety of retail or food service businesses. A key feature is the inclusion of a large walk-in refrigerator equipped with glass front doors, perfect for a restaurant or business requiring cold storage. The property's substantial lot size offers ample space for parking, outdoor seating (subject to local zoning regulations), or potential expansion. Its location in Sutherlin provides access to a local customer base and offers visibility to passing traffic. The asking price is $85,000, making this an attractive proposition for investors seeking a versatile commercial space with significant upside potential. The property is classified as "Other" and requires further due diligence to determine its precise zoning and permitted uses. Interested parties are encouraged to conduct their own independent investigations to confirm suitability for their intended purpose. This is a rare opportunity to acquire a well-located commercial property at a competitive price.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $326,957
- 6.5%
- $301,806
- 7%
- $280,249
-
Comparable approach
- Method
- Valuation
- Relative Method
- $860,720
- Geo Method
- $860,720
-
Alternative Use
- Use
- Valuation
- Residential
- $254,585
- Hospitality
- $233,198
- Educational
- $194,018
- Medical
- $200,691
- Retail
- $301,806
Location Insight
- City
- Sutherlin
- County
- Pittsylvania
- State
- Virginia
- Latitude
- 36.6789
- Longitude
- -79.2503
- CBSA code
- 19260
- CBSA name
- DANVILLE, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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