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    RE/MAX 8

    1344 N Main Street, Blacksburg, VA 24060
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    For Sale (44)

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    Lakefront Land in Upscale Community
    $225,000
    1.40 Acres

    Lakefront Land in Upscale Community

    Lakefront land with amenities in Dublin, Virginia.

    Tanager Cv, Dublin, VA 24084
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    Lakefront Homesite in Tanager Cove
    $250,000
    1.59 Acres

    Lakefront Homesite in Tanager Cove

    Upscale lakefront community homesite with amenities and boat slips.

    Tanager Cv, Dublin, VA 24084
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    Lakefront Land in Tanager Cove
    $300,000
    1.55 Acres

    Lakefront Land in Tanager Cove

    Upscale lakefront community with amenities and boat slips.

    Tanager Cv, Dublin, VA 24084
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    Lakefront Homesite with Boat Slips
    $250,000
    1.28 Acres

    Lakefront Homesite with Boat Slips

    Upscale lakefront community homesite with amenities and boat slips.

    Tbd Tanager Lot 7 Cv, Dublin, VA 24084
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    Land Near Virginia Tech
    $64,900
    2.30 Acres

    Land Near Virginia Tech

    2.3-acre lot near Virginia Tech and downtown Blacksburg.

    Tbd Keisters Br Rd, Blacksburg, VA 24060
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    Lakefront Homesite with Boat Slips
    $225,000
    1.40 Acres

    Lakefront Homesite with Boat Slips

    Upscale lakefront community homesite with amenities and boat slips.

    Tbd Tanager Lot 1 Cv, Dublin, VA 24084
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    Elliston Land Ideal Home Site
    $75,500
    5.48 Acres

    Elliston Land Ideal Home Site

    5.481-acre lot perfect for building your dream home.

    2930 New Ridge Rd, Elliston, VA 24087
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    Land with Panoramic Mountain Views
    $69,000
    11.35 Acres

    Land with Panoramic Mountain Views

    11.35 acres in Pulaski County with mountain views.

    Tbd Old Cloyd Rd, Pulaski, VA 24301
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    Fairlawn, VA Wooded Building Lot
    $30,000
    1.70 Acres

    Fairlawn, VA Wooded Building Lot

    1.7 acre wooded lot with mountain views in Fairlawn, VA.

    Tbd Riverbluff Rd, Fairlawn, VA 24141
    View details
    Main Street Commercial Restaurant Opportunity
    $299,900
    1.10 Acres

    Main Street Commercial Restaurant Opportunity

    5186 sq ft restaurant on Main St with parking.

    1075 E Main St, Pulaski, VA 24301
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    Iconic Starlite Drive-In Theater
    $995,000
    4.15 Acres

    Iconic Starlite Drive-In Theater

    Iconic drive-in theater on 4.15 acres near I-81.

    275 Starlight Dr SE, Christiansburg, VA 24073
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    Land Near Downtown Christiansburg
    $39,000
    2.15 Acres

    Land Near Downtown Christiansburg

    2.153 acres of land, 5 minutes from downtown.

    Tbd Pilot Rd, Christiansburg, VA 24073
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    Blacksburg VA Land Opportunity
    $240,000
    15.12 Acres

    Blacksburg VA Land Opportunity

    15 acres of woodland near downtown Blacksburg, Virginia.

    1154 Lusters Gate Rd, Blacksburg, VA 24060
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    Lakefront Land in Upscale Community
    $300,000
    1.40 Acres

    Lakefront Land in Upscale Community

    Lakefront land with amenities ready for your dream home.

    Tanager Cv, Dublin, VA 24084
    View details
    Lakefront Land with Boat Slips
    $300,000
    1.40 Acres

    Lakefront Land with Boat Slips

    Upscale lakefront community with amenities and boat slips.

    Tbd Tanager Lot 3 Cv, Dublin, VA 24084
    View details
    Elliston, VA Land For Sale
    $75,500
    5.48 Acres

    Elliston, VA Land For Sale

    5.481-acre lot ideal for building a dream home.

    2930 New Ridge Rd, Elliston, VA 24087
    View details
    Lakefront Land with Boat Slips
    $250,000
    1.40 Acres

    Lakefront Land with Boat Slips

    Upscale lakefront community homesite with amenities and boat slips.

    Tbd Tanager Lot 2 Cv, Dublin, VA 24084
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    Lakefront Homesite in Tanager Cove
    $300,000
    1.35 Acres

    Lakefront Homesite in Tanager Cove

    Upscale lakefront community homesite with amenities and lake access.

    Tanager Cv, Dublin, VA 24084
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    Lakefront Land in Tanager Cove
    $275,000
    2.79 Acres

    Lakefront Land in Tanager Cove

    Upscale lakefront community with amenities and boat slips.

    Tanager Cv, Dublin, VA 24084
    View details
    Lakefront Land with Boat Slips
    $275,000
    2.79 Acres

    Lakefront Land with Boat Slips

    Upscale lakefront community homesite with amenities and boat slips.

    Tbd Tanager Lot 15 Cv, Dublin, VA 24084
    View details
    Lakefront Land in Tanager Cove
    $155,000
    2.05 Acres

    Lakefront Land in Tanager Cove

    Upscale lakefront community with prepped lots and boat slips.

    Tbd Tanager Lot 13 Cv, Dublin, VA 24084
    View details
    Versatile Commercial Space in Pulaski
    $189,900
    1,650 SF

    Versatile Commercial Space in Pulaski

    1650 sq ft commercial space near high-visibility roadway.

    1311 Peppers Ferry Rd, Pulaski, VA 24301
    View details
    Lakefront Land in Tanager Cove
    $300,000
    1.55 Acres

    Lakefront Land in Tanager Cove

    Upscale lakefront community homesite with amenities and boat slips.

    Tbd Tanager Lot 10 Cv, Dublin, VA 24084
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    Lakefront Land with Boat Slips
    $250,000
    1.42 Acres

    Lakefront Land with Boat Slips

    Upscale lakefront community with amenities and boat slips included.

    Tbd Tanager Lot 14 Cv, Dublin, VA 24084
    View details
    Floyd Land with Mountain Views
    $273,000
    55.00 Acres

    Floyd Land with Mountain Views

    55 acres of private land with creek and mountain views.

    1398 Cox Store Rd SW, Floyd, VA 24091
    View details
    Medical Office Near High School
    $699,000
    0.59 Acres

    Medical Office Near High School

    Medical office building with high traffic and ample parking.

    1201 Elm St NE, Christiansburg, VA 24073
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    Blacksburg Duplex with Income Potential
    $389,900
    0.37 Acres

    Blacksburg Duplex with Income Potential

    Architecturally designed duplex in Blacksburg School District with rental income.

    1426 Sandy Cir, Blacksburg, VA 24060
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    Land in Pulaski, Virginia
    Contact for pricing
    0.61 Acres

    Land in Pulaski, Virginia

    Three parcels of land suitable for building a home.

    Tbd Herron St, Pulaski, VA 24301
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    Residential Land with Scenic View
    $170,000
    0.52 Acres

    Residential Land with Scenic View

    0.5 acre lot near downtown Blacksburg with utilities.

    1223 Brockton St, Blacksburg, VA 24060
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    Residential Land in Blacksburg, VA
    $169,900
    3.12 Acres

    Residential Land in Blacksburg, VA

    Residential land for sale in Blacksburg, Virginia.

    1240 Falcon Ridge Rd, Blacksburg, VA 24060
    View details
    Blacksburg Land with Utilities
    $195,000
    3.67 Acres

    Blacksburg Land with Utilities

    Two wooded lots totaling 3.339 acres with water and sewer.

    Tbd Brockton None, Blacksburg, VA 24060
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    Downtown Pulaski Development Opportunity
    $50,000
    0.51 Acres

    Downtown Pulaski Development Opportunity

    Cleared, level 0.51-acre lot ready for development in downtown Pulaski.

    Tbd Jefferson Ave N, Pulaski, VA 24301
    View details
    Lakefront Land with Boat Slips
    $250,000
    1.59 Acres

    Lakefront Land with Boat Slips

    Upscale lakefront community homesite with amenities and boat slips.

    Tbd Tanager Lot 8 Cv, Dublin, VA 24084
    View details
    Lakefront Land with Boat Slips
    $300,000
    1.35 Acres

    Lakefront Land with Boat Slips

    Upscale lakefront community land with amenities and boat slips.

    Tbd Tanager Lot 9 Cv, Dublin, VA 24084
    View details
    Blacksburg Buildable Lot Opportunity
    $99,900
    0.70 Acres

    Blacksburg Buildable Lot Opportunity

    0.7-acre lot in Blacksburg, ideal for custom home.

    Tbd Country Acres Dr, Blacksburg, VA 24060
    View details
    Lakefront Land in Tanager Cove
    $250,000
    1.40 Acres

    Lakefront Land in Tanager Cove

    Upscale lakefront community with amenities, ready for your dream home.

    Tanager Cv, Dublin, VA 24084
    View details
    Lakefront Homesite in Tanager Cove
    $250,000
    1.28 Acres

    Lakefront Homesite in Tanager Cove

    Upscale lakefront community homesite with amenities and boat slips.

    Tanager Cv, Dublin, VA 24084
    View details
    Lakefront Land in Tanager Cove
    $250,000
    1.42 Acres

    Lakefront Land in Tanager Cove

    Upscale lakefront community with amenities and boat slips.

    Tanager Cv, Dublin, VA 24084
    View details
    Cleared Lot in Pearisburg
    $65,000
    1.48 Acres

    Cleared Lot in Pearisburg

    1.477 acre lot suitable for building a dream home.

    S Main St, Pearisburg, VA 24134
    View details
    Blacksburg Land with Woodland
    $240,000
    15.12 Acres

    Blacksburg Land with Woodland

    15 acres of woodland near Blacksburg, perfect for building.

    1154 Lusters Gate Rd, Blacksburg, VA 24060
    View details
    Blacksburg Buildable Lot For Sale
    $99,900
    0.70 Acres

    Blacksburg Buildable Lot For Sale

    0.7-acre lot in Blacksburg, ideal for custom home.

    Tbd Country Acres Dr, Blacksburg, VA 24060
    View details
    Clifton Forge Duplex Opportunity
    $43,000
    0.17 Acres

    Clifton Forge Duplex Opportunity

    Duplex in Clifton Forge with two 2-bedroom units.

    617 Rose Ave, Clifton Forge, VA 24422
    View details
    Pulaski Commercial Building on Main
    $299,900
    5,186 SF

    Pulaski Commercial Building on Main

    5186 SF commercial building on Main Street in Pulaski.

    1075 E Main St, Pulaski, VA 24301
    View details
    Pulaski, VA Land For Sale
    $50,000
    0.51 Acres

    Pulaski, VA Land For Sale

    0.51-acre lot in downtown Pulaski, ready for development.

    Jefferson Ave N, Pulaski, VA 24301
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    RE/MAX 8
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