2940 Clinch StRichlands, VA 24641

Property Details for 2940 Clinch St

Year built

1960

Lot size

13.60 AC

Property size (Sq ft)

163,985 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

105A3A 0023

APU

105A3A0023

Description

This exceptional 18,000+/- square foot flex space, located at 2940 Clinch Street, Unit H, in Richlands, Virginia, offers unparalleled versatility for a wide range of businesses. Situated on Highway 460, this property boasts convenient access to major transportation routes, facilitating efficient logistics and distribution. The unit features a spacious open layout, easily adaptable to various needs, including industrial, flex, or retail uses. A well-designed vestibule houses two offices, providing a dedicated administrative area. Essential amenities such as restrooms are included. Loading docks at the rear of the unit ensure smooth shipping and receiving operations. This strategic location provides easy access to major cities including Charlotte, NC

• CAP approach

  CAP return

  Valuation

  6%

  $26,446,888

  6.5%

  $24,412,512

  7%

  $22,668,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $52,454,056

  Geo Method

  $69,978,432

• Alternative Use

  Use

  Valuation

  Residential

  $20,592,866

  Hospitality

  $18,862,956

  Educational

  $15,693,757

  Medical

  $16,233,490

  Retail

  $24,412,512

Location Insight

City

Richlands

County

Tazewell

State

Virginia

Latitude

37.0928

Longitude

-81.8218

CBSA code

14140

CBSA name

BLUEFIELD, WV-VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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