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    1240 Falcon Ridge Rd Blacksburg, VA 24060

    Sponsored
    For Sale
    $169,900

    Land - Blacksburg, VA

    Lot size:
    3.12 Acres
    Days on Market:
    48
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 1240 Falcon Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential 2
    APN
    029573
    Lot size
    3.12 Acres

    Building Details

    Architectural style
    Other

    RE/MAX 8 [email protected]

    Listing agent Chris Johnson (540) 552-8855 License #0225217728

    Listing date Nov 20, 2025

    MLS# 420461 Listing URL

    Copyright © 2026 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Blacksburg, VA

    This 3.12-acre residential land is located in the Deercroft subdivision near the cul-de-sac. The lot offers views of Ellett Valley with some tree removal. It is located minutes from Blacksburg, Christiansburg, VT, and Blacksburg Country Club. The property is zoned Residential 2 and is intended for building a new home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Blacksburg
    County
    Montgomery
    State
    Virginia
    Longitude
    -80.374416
    Latitude
    37.201612

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    FAQs

    What type of property is this?
    Land - Residential land for sale in Blacksburg, Virginia.
    Where is this land located?
    The property is located at 1240 Falcon Ridge Rd Blacksburg, VA.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Building lot in exclusive Deercroft subdivision.; - Enjoy long range views of Ellett Valley (with some tree removal).; - Located near a cul-de-sac.
    (540) 641-2239
    Request Owner's contact information
    1240 Falcon Ridge Rd Blacksburg, VA 24060
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    Blacksburg, VA 24060
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    Realmo Value Estimation

    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

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    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.

    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
    1240 Falcon Ridge Rd Blacksburg, VA 24060
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