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    2801 Lee Hwy Troutville, VA 24175

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    For Sale
    $995,000

    Corner lot with high traffic and easy interstate access.

    Lot size:
    0.62 Acres

    Property Features for 2801 Lee Hwy

    General Information

    Lot size
    0.62 Acres
    Source: Moodyscre

    Listing Agent: Jim Bolling

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot on Lee Highway

    This corner lot is located at the intersection of Route 11 and Alternate 220. The property benefits from a high traffic count and offers convenient access to the interstate.
    Location Intelligence

    Current Use by Public Records

    Truck Sales Motor Vehicle Dealer

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Troutville
    County
    Botetourt
    State
    Virginia
    Longitude
    -79.9033614
    Latitude
    37.3869913

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Corner lot with high traffic and easy interstate access.
    Where is this land located?
    The property is located at 2801 Lee Hwy Troutville, VA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Corner lot location; - High traffic count; - Easy interstate access
    (540) 982-2444
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    Troutville, VA 24175
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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

    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.

    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
    2801 Lee Hwy Troutville, VA 24175
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