Listing Agency: NextHome New River Valley Show Phone

Listed By: Ranny Humphreys · License #VA: 0225037418

Source: Crexi

Added: Jul 21, 2023 Changed: Aug 12 Last Checked: Aug 22 at 4:57AM

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Investment Insights

Based on property information with market context.

This 4.095-acre commercial land parcel is located on Tyler Road and Barn Road, adjacent to the Carilion New River Valley-Radford Hospital. The property features road frontage on both Tyler Road and Barn Road. It is ideally suited for a medical facility, office space, or motel. The site has county-approved mixed-use site plan and development. The property has been graded and utilities are on site. It is located off Exit 109 of I-81, adjoining the hospital property, 4.7 miles from Radford University, 6.8 miles from Christiansburg, 9.75 miles from the New River Valley Mall, and 18.1 miles from Virginia Tech.

Key Highlights

• Adjoins Carilion New River Valley‑Radford Hospital property, ideal for medical facility.
• County‑approved mixed‑use site plan and development in place.
• Utilities are already on site, and the land is graded, saving development time and costs.**

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Restaurant Grocery & Convenience Store Pharmacy

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

41

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - 4.095 acres near Carilion New River Valley-Radford Hospital.

Where is this commercial land located?

The property is located at Tyler Rd Parcel 3 Christiansbrg, VA.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Adjoins Carilion New River Valley‑Radford Hospital property, ideal for medical facility.; County‑approved mixed‑use site plan and development in place.; Utilities are already on site, and the land is graded, saving development time and costs.**