First Citizens Bank | 1145 E Atlantic St
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First Citizens Bank 1145 E Atlantic St
2,240 SF Retail Building South Hill, VA 23970 £1,092,703 (£488/SF)
Executive Summary
PRIME RETAIL LOCATION - 2,240 SF former bank branch on an outparcel to a Walmart Supercenter. Located in a prime retail corridor in Mecklenburg County, Virginia.
EASY ACCESS – Located at a lighted intersection with multiple points of ingress/egress and convenient access to Interstate 85 (less than 1/3 of a mile)
HIGH VISIBILITY - High visibility and prominent signage opportunity with over 24,000 VPD on E Atlantic Street
DRIVE-THRU - 4 drive-thru lanes
SITE CHARACTERISTICS - 0.9 -acre site with abundant onsite parking (30 spaces)
IDEAL FOR VARIETY OF USES - Retail Businesses/restaurants as well as professional office users
DEED RESTRICTIONS – 5 year financial institution deed restriction
SALE PRICE - $1,395,000
EASY ACCESS – Located at a lighted intersection with multiple points of ingress/egress and convenient access to Interstate 85 (less than 1/3 of a mile)
HIGH VISIBILITY - High visibility and prominent signage opportunity with over 24,000 VPD on E Atlantic Street
DRIVE-THRU - 4 drive-thru lanes
SITE CHARACTERISTICS - 0.9 -acre site with abundant onsite parking (30 spaces)
IDEAL FOR VARIETY OF USES - Retail Businesses/restaurants as well as professional office users
DEED RESTRICTIONS – 5 year financial institution deed restriction
SALE PRICE - $1,395,000
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,240 SF
Building Class
C
Year Built
1993
Price
£1,092,703
Price Per SF
£488
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
1.10 AC
Opportunity Zone
Yes
Zoning
C2 - Commerical
Parking
20 Spaces (8.93 Spaces per 1,000 SF Leased)
Frontage
200 ft on East Atlantic Street
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 31955 | Improvements Assessment | £237,317 |
| Land Assessment | £532,066 | Total Assessment | £769,383 |
PROPERTY TAXES
Parcel Number
31955
Land Assessment
£532,066
Improvements Assessment
£237,317
Total Assessment
£769,383
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First Citizens Bank | 1145 E Atlantic St
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