912 Valley Ridge Rd Covington, VA 24426
Estimated payment $7,158/month
About This Lot
Prime I-64 Commercial Opportunity Position your business for success with this exceptionally visible 8,300± SF commercial property located directly off Interstate 64 in Covington, Virginia. Currently operating as a car dealership, this standout property offers unmatched exposure, effortless access, and a versatile layout ideal for a wide range of commercial uses. The building was completely renovated just three years ago, featuring new windows, a modern HVAC system, and striking metallic epoxy floors—delivering a clean, contemporary look that’s ready for immediate occupancy. Set on a sprawling lot, the property provides ample parking, display, or expansion potential. With its high-traffic I-64 location, excellent ingress and egress, and move-in-ready condition, this property is perfectly suited for automotive, retail, showroom, service, medical, or other commercial operations seeking maximum visibility and convenience. High exposure. Recent renovations. Prime location. This is a rare opportunity to secure a premier commercial site in one of Covington’s most accessible corridors.
Listing Agent
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225252262 Listed on: 02/10/2026
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,611
Lot Details
- 1.5 Acre Lot
- Zoning described as B-1 Business
Schools
- Boiling Spring Elementary School
- Covington Middle School
- Alleghany High School
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,592 | $733,000 | $213,600 | $519,400 |
| 2024 | $5,611 | $768,600 | $150,000 | $618,600 |
| 2023 | $5,611 | $768,600 | $150,000 | $618,600 |
| 2022 | $2,978 | $407,900 | $150,000 | $257,900 |
| 2021 | $2,978 | $407,900 | $150,000 | $257,900 |
| 2020 | $2,978 | $407,900 | $150,000 | $257,900 |
| 2019 | $2,978 | $407,900 | $150,000 | $257,900 |
| 2018 | $5,149 | $725,200 | $175,000 | $550,200 |
| 2017 | $5,149 | $725,200 | $175,000 | $550,200 |
| 2016 | $5,149 | $725,200 | $175,000 | $550,200 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | Pending | -- | -- | -- |
| 02/10/2026 02/10/26 | For Sale | $1,299,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $825,000 | -- | |
| Deed | $450,000 | -- |
Source: Charlottesville area Association of Realtors®
MLS Number: 673110
APN: 05700-00-000-070H
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Ask me questions while you tour the home.