$1 Auction – Former BB&T Bank | 3 Drive-Thru Lanes

Highlights:

• Freestanding Former BB&T Bank on 2.477 Acre Site with 3 Drive-Thru Lanes
• Strategic Frontage and Visibility on General Puller Highway with Traffic Counts of 5,227 VPD
• Affluent Demographics with $94,594 Average Household Income and ±19,501 People within a 10-Mile Radius
• Surrounding Traffic Generators: Hometown Foods IGA, 7 Eleven, West Marine, Exxon, Local Restaurants, and more
• 8% Population Growth from 2020-2024 and 4% Growth Projected from 2024-2029 (5-mile radius)
• Zoned GB, General Business District with a Variety of Commercial Uses

Description:

Ri Marketplace Online Auction December 8th - 10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2871/1-auction-former-bb-t-bank-3-drive-thru-lanes?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2871

Marcus & Millichap is pleased to present a vacant, free-standing, former BB&T Bank located at 16498 General Puller Highway, Deltaville, VA 23043 (the “Property”). The Property improvements consist of approximately 3,513 square feet, single-story building with three drive-thru lanes. The Property is currently vacant and was previously owner-occupied by Truist Bank (BB&T). The Property offers potential owner users/investors the ability to acquire a free-standing retail bank building with significant value add through lease up at long term market rates (CoStar estimated retail rents of $10-12/SF NNN). The Property is strategically positioned on a ±2.477-acre (±107,898 SF) parcel and offers 28 surface parking spaces and is easily accessible via two points of ingress/egress along General Puller Highway with traffic counts of 5,227 vehicles per day. The Property is Zoned GB, General Business District, which offers favorable flexible zoning allowing for a variety of commercial and retail uses via adaptive reuse or repositioning.

Deltaville, Virginia is located in Middlesex County on Virginia’s Middle Peninsula, nestled between the Rappahannock and Piankatank Rivers and opening onto the Chesapeake Bay—offering developers strong waterfront presence and corridor exposure. The economy is anchored by marine services and tourism, with more than 25 marinas, historic boat‑building infrastructure, and a vibrant seasonal visitor base supporting hospitality, retail, and recreation‑oriented demand. The Property sits in a strong commercial corridor surrounded by traffic drivers and amenities such as Hometown Foods IGA, 7 Eleven, West Marine, Exxon, and many more. The Property is located within a dense trade area of ±6,014 residents with an average household income (AHHI) of ±$89,654 within 5-miles and ±19,501 residents with an AHHI of $94,594 within 10-miles, reinforcing the site’s lasting appeal for both investors and owner/users. The 5-mile trade area is also experiencing notable population growth, with increases of approximately 8.05% growth from 2020-2024 with 4.01% growth expected to continue through 2029, further strengthening long-term demand fundamentals.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 2907003627
Co:2908000783
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: