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Redevelopment Opportunity: Former Drive-In Theater
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275 STARLIGHT DR SE, Christiansburg, VA 24073

4.15-acre site with redevelopment potential in Christiansburg, Virginia.

Property SizeContact for details
Lot Size4.15 Acres
Days on Market89

Property Features for 275 STARLIGHT DR SE

General Information

Standard status Active
Lot size 4.15 Acres
Property subtype Land
Zoning B3

Building Details

Year Built 1953
Stories 1
Listing Agency: Elliott Inc.
Listed By: Carmen Elliott · License #VA 0225247701
Source: Crexi
Added: May 16 Changed: Aug 8 Last Checked: Jul 16 at 10:57AM

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.

Located at 275 Starlight Drive, this 4.15-acre property presents a redevelopment opportunity. The site, formerly the Starlight Drive-In theater, is suited for multifamily, townhome, build-to-rent, senior living, or mixed-use residential development, pending municipal approvals. The property's size and configuration allow for various site plans, including garden-style apartments, cottage communities, mixed-density housing, or amenity-rich residential projects. The location provides access to retail, dining, schools, and major transportation routes. This site offers the chance to reposition a local landmark into a residential community. Buyers should verify zoning, density allowances, utility availability, and redevelopment requirements with governing authorities.

Key Highlights

  • 4.15‑acre site with exceptional redevelopment potential.
  • Ideal for multifamily, townhome, build‑to‑rent, senior living, or mixed‑use residential development (subject to approvals).
  • Strategically positioned with convenient access to retail, dining, schools, and major transportation routes.

Property Analytics

Current Use

Starlite Drive-In Theatre Cinema

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center

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

228
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 4.15-acre site with redevelopment potential in Christiansburg, Virginia.
Where is this residential land & home lot located?
The property is located at 275 STARLIGHT DR SE Christiansburg, VA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 4.15‑acre site with exceptional redevelopment potential.; Ideal for multifamily, townhome, build‑to‑rent, senior living, or mixed‑use residential development (subject to approvals).; Strategically positioned with convenient access to retail, dining, schools, and major transportation routes.
(540) 357-2084 Call to check price and availability
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