Property profile

3221 Lee Hwy Troutville, VA 24175

FOR SALE
Commercial land
Property ID
US87-Q000663
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Property summary

AI-generated overview

The property is a 1.5-acre, pad-ready site located off Interstate 81 at Exit 150 in Troutville, Virginia, situated in front of a Comfort Suites hotel. It is positioned near multiple hotels and a Cracker Barrel. Utilities are available at the site, with sewer access on the same side of the road. The site benefits from highway frontage along I-81 near Exit 150, associated with a reported traffic count of 59,000 vehicles per day. The property has no deed restrictions and is positioned for commercial development, including potential uses such as restaurant, fast food, or a convenience store.

Property profile

Verified
Property type Commercial land
UPID US87-Q000663

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3221 Lee Hwy Troutville, VA 24175
Troutville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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