Search
Prime Development Site Available
For Sale
Contact for pricing

1615 Peppers Ferry Rd NW, Christiansburg, VA 24073

9.8+ acre development site in New River Valley growth corridor.

Property SizeContact for details
Lot Size9.84 Acres
Days on Market150

Property Features for 1615 Peppers Ferry Rd NW

General Information

Standard status Active
Lot size 9.84 Acres
Property subtype Land, Mixed Use
Listing Agency: Elliott Inc.
Listed By: Carmen Elliott · License #VA 0225247701
Source: Crexi
Added: Mar 16 Changed: Aug 8 Last Checked: Jul 15 at 8:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elliott Inc.

Investment Insights

Based on property information with market context.

This 9.837-acre development site features 713 feet of frontage along Peppers Ferry Road, a primary commercial corridor connecting Christiansburg and Blacksburg. The parcels form a large, highly usable development site in the heart of the New River Valley growth corridor. The property is located minutes from Virginia Tech, Interstate 81, and New River Valley Medical Center, positioning it within a strong employment and residential growth market. The surrounding neighborhoods and expanding residential development generate significant demand for additional housing, neighborhood retail, and medical services. The property supports several viable development concepts, including a townhome community, mixed-use development, and medical or professional offices.

Key Highlights

  • Large 9.837 acre development site with 713 feet of frontage on Peppers Ferry Road.
  • Prime location** in the heart of the New River Valley growth corridor.
  • Minutes from Virginia Tech, Interstate 81, and New River Valley Medical Center.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

713
Businesses Nearby

Demographics for 24073, VA

32,093
Population
14,248
Households
2.3
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
89.6 sq mi
ZIP Area
358
Density / Sq Mi
$75,103
Median Household Income
$46,396
Median Earnings
$1,150
Median Rent
$247,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 9.8+ acre development site in New River Valley growth corridor.
Where is this commercial land located?
The property is located at 1615 Peppers Ferry Rd NW Christiansburg, VA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Large 9.837 acre development site with **713 feet of frontage on Peppers Ferry Road.**; Prime location** in the heart of the New River Valley growth corridor.; Minutes from Virginia Tech, Interstate 81, and New River Valley Medical Center.
(540) 357-2084 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message