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323 Madine Way, Fincastle, VA 24090

Commercial land suitable for development with utilities access.

Property SizeContact for details
Days on Market738

Property Features for 323 Madine Way

General Information

Standard status Active
Property subtype Land
Zoning Currently A-1 | Proposed B-1
Listing Agency: MKB Commercial
Listed By: Henry Scholz · License #VA 0225055191
Source: Crexi
Added: Aug 19, 2024 Changed: Aug 17 Last Checked: Aug 24 at 8:32PM

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 MKB Commercial

Investment Insights

Based on property information with market context.

This property is being offered for commercial development and will require rezoning from the Town of Fincastle. The current zoning is A-1, with B-1 being the most reasonable. The intent of B-1 zoning is to provide for local and neighborhood shopping, retail and personal service business interests, as well as professional occupations. This district is not intended for intensive traffic generators or activities that would disturb nearby residential uses. The lot features frontage on US 220 (Roanoke Road) and Madine Way, situated at the corner of US 220 and S Roanoke Street. The US Post Office is located directly across S Roanoke Street, and the Fincastle Fire Department is directly across US 220. Public water and sewer are available to the site, as well as natural gas. The Town of Fincastle Enhancement Corridor Overlay District applies.

Key Highlights

  • High‑visibility corner lot with frontage on US 220 (Roanoke Road) and Madine Way, offering excellent exposure.
  • Existing curb cut on US 220 (Roanoke Road) and Madine Way for convenient access.
  • Public water, sewer, and natural gas available on‑site.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Auto Repair Shop

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

1
Businesses Nearby

Demographics for 24090, VA

4,712
Population
2,107
Households
2.2
Avg Household Size
48
Median Age
23%
College-Educated
94%
High-School Grad
91.0 sq mi
ZIP Area
52
Density / Sq Mi
$88,125
Median Household Income
$45,535
Median Earnings
$887
Median Rent
$267,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land suitable for development with utilities access.
Where is this commercial land located?
The property is located at 323 Madine Way Fincastle, VA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: High‑visibility corner lot with frontage on US 220 (Roanoke Road) and Madine Way, offering excellent exposure.; Existing curb cut on US 220 (Roanoke Road) and Madine Way for convenient access.; Public water, sewer, and natural gas available on‑site.
(540) 989-4555 Call to check price and availability
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