$1,299,999
PENDING

912 Valley Ridge Rd Covington, VA 24426

Estimated payment $7,510/month

Total Views 664
1.5 Acres
$866,666 Price per Acre
65,340 Sq Ft Lot

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

Maurice Covington

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

Property Details

Property Type

Land

Est. Annual Taxes

$5,611

Lot Details

1.5 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • LotSizeAcres: 1.5
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Commercial
  • PreviousStandardStatus: Active
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Investment

Utilities

  • Utilities: Fiber Optic Available, Satellite Internet Available
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Boiling Spring
  • Middle Or Junior School: Covington Middle

Lot Info

  • Zoning Description: B-1 Business

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5611.0

MLS Schools

  • HighSchool: Alleghany (Alleghany)

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- --
Source: Charlottesville area Association of Realtors®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $825,000 --
Deed $450,000 --
Source: Public Records

Source: Charlottesville area Association of Realtors®

MLS Number: 673110

Charlottesville area Association of Realtors®

APN: 05700-00-000-070H

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