$1 Auction – 1.41 Acre Parcel | Dollar General… — Sale in Spencer, VA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Spencer, VA 24165
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Description
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3353/land/spencer/va Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, this 1.41-acre parcel adjacent to 39 Log Manor Rd in Spencer, VA is offered via a $1 starting-bid auction in the Martinsville, VA market. The vacant, unimproved site sits immediately next to an operating Dollar General and fronts a corridor carrying approximately 6,000 vehicles per day, positioning it as a ready-to-build pad for a retail, service, or quick-service user. With no existing improvements, a buyer can move directly to entitlement and construction, capturing the daily traffic and rooftop demand already established by the adjacent anchor. The $1 starting bid structure creates a transparent, competitive bidding environment with no reserve-driven floor discouraging early interest, giving investors and developers a clear path to acquire a small-format retail development site in a traffic-generating location at a price the market itself will set. Investment Highlights: • ABSOLUTE $1 AUCTION | 1.41 Acre Parcel | Dollar General Adjacent | 6K VPD | Martinsville, VA Area | AUCTION SEPTEMBER 22-24 • Direct Adjacency to Dollar General Retail - Parcel sits immediately adjacent to an operating Dollar General, anchoring built-in daily traffic. • 6,000 Vehicles Per Day Traffic Count - Site fronts a corridor carrying approximately 6,000 vehicles daily, supporting retail visibility. • 1.41-Acre Site Offers Development Upside - Vacant 1.41-acre parcel provides a ready-to-build pad site for retail or service use. • Absolute $1 Auctio - First Bid Meets Reserve!
Market Context
This retail in Spencer, VA is listed for sale. Compare it against other retail listings for sale in Spencer, VA — view the full market.
Contact
- Philip Kates · (954) 245-3408 · philip.kates@marcusmillichap.com
- Adam Sklaver · (954) 245-3422 · adam.sklaver@marcusmillichap.com
- Brian Hosey · (202) 536-3700
Explore this market
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