For Sale Commercial Property in Marion, VA

Outparcel of Walmart

For More Information Contact:

Website: www.KellyGraham.com Email: kgccim@kellygraham.com

Kelly Graham, CCIM Graham & Associates, REALTORS PO Box 2044 126 Edgemont Ave Bristol, TN 37620 423-968-2276

Property Information

Outparcel in front of Walmart

Cross Parking Available

.68 Acres

Zoned Commercial

$495,000

SITE

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Executive Summary1193 N Main St, Marion, Virginia, 24354 Prepared By Graham & Associates - CCIMRings: 1, 3, 5 mile radii Latitude: 36.84455

Longitude: -81.50089

1 mile 3 miles 5 milesPopulation

2000 Population 1,478 8,732 11,8492010 Population 1,500 8,465 11,5372016 Population 1,573 8,604 11,7172021 Population 1,605 8,636 11,7572000-2010 Annual Rate 0.15% -0.31% -0.27%2010-2016 Annual Rate 0.76% 0.26% 0.25%2016-2021 Annual Rate 0.40% 0.07% 0.07%2016 Male Population 46.9% 47.7% 48.1%2016 Female Population 53.1% 52.3% 51.9%2016 Median Age 49.4 43.7 43.7

In the identified area, the current year population is 11,717. In 2010, the Census count in the area was 11,537. The rate of change since 2010 was 0.25% annually. The five-year projection for the population in the area is 11,757 representing a change of 0.07% annually from 2016 to 2021. Currently, the population is 48.1% male and 51.9% female.

Median Age

The median age in this area is 49.4, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 92.7% 91.3% 91.9%2016 Black Alone 2.9% 4.9% 4.6%2016 American Indian/Alaska Native Alone 0.3% 0.2% 0.3%2016 Asian Alone 1.1% 0.7% 0.7%2016 Pacific Islander Alone 0.0% 0.0% 0.0%2016 Other Race 1.5% 1.0% 0.8%2016 Two or More Races 1.5% 1.9% 1.7%2016 Hispanic Origin (Any Race) 2.9% 2.3% 2.0%

Persons of Hispanic origin represent 2.0% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 18.8 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 681 3,641 4,8922010 Households 668 3,523 4,7992016 Total Households 690 3,539 4,8182021 Total Households 701 3,539 4,8162000-2010 Annual Rate -0.19% -0.33% -0.19%2010-2016 Annual Rate 0.52% 0.07% 0.06%2016-2021 Annual Rate 0.32% 0.00% -0.01%2016 Average Household Size 2.10 2.32 2.32

The household count in this area has changed from 4,799 in 2010 to 4,818 in the current year, a change of 0.06% annually. The five-year projection of households is 4,816, a change of -0.01% annually from the current year total. Average household size is currently 2.32, compared to 2.29 in the year 2010. The number of families in the current year is 3,085 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

September 23, 2016

©2016 Esri Page 1 of 2

Executive Summary1193 N Main St, Marion, Virginia, 24354 Prepared By Graham & Associates - CCIMRings: 1, 3, 5 mile radii Latitude: 36.84455

Longitude: -81.50089

1 mile 3 miles 5 milesMedian Household Income

2016 Median Household Income $42,354 $31,592 $32,5392021 Median Household Income $47,569 $33,784 $34,5922016-2021 Annual Rate 2.35% 1.35% 1.23%

Average Household Income

2016 Average Household Income $61,558 $47,194 $48,0732021 Average Household Income $67,501 $50,914 $51,6922016-2021 Annual Rate 1.86% 1.53% 1.46%

Per Capita Income2016 Per Capita Income $26,365 $20,416 $20,5162021 Per Capita Income $28,785 $21,875 $21,9212016-2021 Annual Rate 1.77% 1.39% 1.33%

Households by IncomeCurrent median household income is $32,539 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $34,592 in five years, compared to $59,476 for all U.S. households

Current average household income is $48,073 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $51,692 in five years, compared to $84,021 for all U.S. households

Current per capita income is $20,516 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $21,921 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 725 3,978 5,3892000 Owner Occupied Housing Units 489 2,306 3,2542000 Renter Occupied Housing Units 192 1,335 1,6382000 Vacant Housing Units 44 337 497

2010 Total Housing Units 737 4,027 5,5262010 Owner Occupied Housing Units 465 2,118 3,0432010 Renter Occupied Housing Units 203 1,405 1,7562010 Vacant Housing Units 69 504 727

2016 Total Housing Units 771 4,111 5,6232016 Owner Occupied Housing Units 471 2,074 2,9782016 Renter Occupied Housing Units 220 1,464 1,8392016 Vacant Housing Units 81 572 805

2021 Total Housing Units 789 4,151 5,6692021 Owner Occupied Housing Units 473 2,072 2,9772021 Renter Occupied Housing Units 228 1,467 1,8392021 Vacant Housing Units 88 612 853

Currently, 53.0% of the 5,623 housing units in the area are owner occupied; 32.7%, renter occupied; and 14.3% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 5,526 housing units in the area - 55.1% owner occupied, 31.8% renter occupied, and 13.2% vacant. The annual rate of change in housing units since 2010 is 0.78%. Median home value in the area is $95,336, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 4.33% annually to $117,815.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

September 23, 2016

©2016 Esri Page 2 of 2