466 Duff Patt Hwy - Bank FOR SALE


Duffield, VA 24244
$150,000 USD
301-706-4619
466 Duff Patt Hwy, Duffield, VA for Sale
$150,000 USD
Bank - FOR SALE
1/10
null | Request Cap Rate

466 Duff Patt Hwy
Duffield, VA 24244


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | USPS Leased and Former Truist Bank Building | AUCTION APRIL 13-15
  • Freestanding USPS and Former Truist Bank on 1.33 Acre Site with 3 Drive-Thru Lanes
  • USPS Recently Renewed Lease Through November 2030 at $47,250/Year
  • Hard Corner with ±5,200 VPD Traffic Counts on Duff Patt Hwy and 0.4-mi from US-Hwy 23S (±9,980 VPD)
  • Attractive Demographics with ±13,687 People and $53,666 Average Household Income within a 10-Mile Radius
  • Surrounding Traffic Generators: Tempur-Pedic Production USA (across street), Dollar General, Family Dollar, Hardee’s, McDonald’s, Subway, and more

OVERVIEW

Marcus & Millichap is pleased to present 466 Duff-Patt Hwy in Duffield, Virginia (the “Property”). The improvements include an approximately 6,584 square-foot, two-tenant building featuring three drive-thru lanes. Situated on a single parcel totaling ±1.33 acres (±57,934 SF), the Property offers ample surface parking and multiple points of ingress/egress along Duff Patt Hwy (5,200 VPD) and Boone Trail Road. The Property is currently 72% occupied by USPS through November 2030 and offers the value-add opportunity to lease up the space previously occupied by Truist Bank. Zoned C-1, General Commercial District, the site allows for a broad range of commercial and retail uses, supporting adaptive reuse or repositioning opportunities in Duffield’s central business district. Duffield is a community in Scott County in far southwest Virginia, positioned along the US-23 corridor that connects the region’s towns to larger employment hubs nearby. Demand drivers come more from the surrounding trade area and tourism, including Natural Tunnel State Park and outdoor recreation tied to the Clinch River area. The Property sits in a strong commercial corridor surrounded by traffic drivers and amenities such as Tempur-Pedic Production USA (across street), Dollar General, Family Dollar, Hardees, McDonald’s, Subway, and many more. The Property is located within an attractive trade area of ±13,687 residents with an average household income (AHHI) of ±$53,666 within a 10-mile radius, reinforcing the site’s lasting appeal for both investors and owner/users.

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

$1 Auction – USPS Leased and Former Truist

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

-

APN/PARCEL ID

80A4-A-8

ASK ABOUT THIS PROPERTY

Adam SklaverMarcus & MillichapMore Info
301-706-4619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Adam SklaverMarcus & MillichapMore Info
301-706-4619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.