Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1335 Roanoke St Christiansburg, VA 24073

    Sponsored
    For Sale
    $1,100,000

    High-traffic commercial lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.42-acre commercial lot, located at 1335 Roanoke Street in Christiansburg, Virginia (zip code 24073), is offered at $1,100,000. Zoned B3 General Business, this property boasts a prime location on a major thoroughfare leading into Christiansburg from I-81 and the 460 Bypass, ensuring high visibility and traffic counts. The lot is situated near established businesses including O'Reilly Auto Parts, United Muffler, G&H Appliance, the Gateway Shopping Center, and Blue Ridge Church. Public utilities are readily accessible. The property also includes a leased billboard generating $600 per month in passive income. This offering presents a unique opportunity for development. Alternative purchase options exist: a 1-acre parcel for $500,000 or a 1.42-acre parcel (including the billboard) for $800,000. This versatile property is perfect for a variety of commercial ventures. Montgomery County location provides access to a thriving community.

    Property Features for 1335 Roanoke St

    General Information

    Property type
    Land
    Lot Size
    105,415 SF

    HighLights

    • 2.42‑acre commercial lot in Christiansburg, VA (24073) for $1,100,000.
    • B3 General Business zoning on a major thoroughfare with high visibility and traffic counts near established businesses.
    • Includes a leased billboard generating $600/month passive income.
    • Alternative purchase options: 1‑acre parcel for $500,000 or 1.42‑acre parcel (with billboard) for $800,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Christiansburg
    County
    Montgomery
    State
    Virginia
    Longitude
    -80.3831
    Latitude
    37.1328

    Nearby Comparable

    • $995,000
      Pending

      Iconic Starlite Drive-In Theater

      Iconic drive-in theater on 4.15 acres near I-81.
      275 Starlight Dr SE, Christiansburg, VA 24073
      View Details
    • $2,500,000
      10.23 Acres

      Gateway Plaza: 10-Acre Outparcel

      Prime Commercial Land, Christiansburg, VA
      1550 Roanoke St, Christiansburg, VA 24073
      View Details
    • Contact for pricing

      Land For Sale Roanoke Street

      One acre of land available off Roanoke Street.
      1030 Sherwood Dr, Christiansburg, VA 24073
      View Details
    • $425,000
      0.46 Acres

      Commercial Land Ready for Development

      Prime commercial land in Christiansburg, ready for development with high visibility.
      2140 Roanoke St, Christiansburg, VA 24073
      View Details
    • Contact for pricing

      Christiansburg Commercial Land Development

      15.6 Acres, I-81 Exit, High Traffic
      0 Roanoke St, Christiansburg, VA 24073
      View Details
    • $1,495,000
      7.90 Acres

      Christiansburg Commercial Land Investment

      7.9 Acres, High Visibility, I-81 Access
      Tbd Brammer Ln, Christiansburg, VA 24073
      View Details
    • $1,900,000
      35.00 Acres

      Christiansburg Commercial Land

      35 Acres, I-81 Visibility, Development Ready
      0 Tyler St, Christiansburg, VA 24073
      View Details
    • $170,000

      Christiansburg Commercial Land - Owner Financing

      High-visibility corner lot, ideal for development.
      2 Depot St, Christiansburg, VA 24073
      View Details
    • $409,000
      0.50 Acres

      Christiansburg Commercial Property For Sale

      Corner lot in Christiansburg with business opportunities.
      307 W Main St, Christiansburg, VA 24073
      View Details
    • $799,000
      2.20 Acres

      Commercial Land in Christiansburg, VA

      2.15 acres of commercial land with development potential.
      Lucas St NE, Christiansburg, VA 24073
      View Details
    • $1,100,000
      1.42 Acres

      Prime Commercial Land in Christiansburg

      High-visibility 1.4+ acre commercial parcel in a strategic location.
      45 Scattergood Dr NW, Christiansburg, VA 24073
      View Details

    Nearby Similar for Sale

    • New
      $699,000
      0.59 Acres

      Medical Office Near High School

      Medical office building with high traffic and ample parking.
      1201 Elm St NE, Christiansburg, VA 24073
      View Details
    • $995,000
      Pending

      Iconic Starlite Drive-In Theater

      Iconic drive-in theater on 4.15 acres near I-81.
      275 Starlight Dr SE, Christiansburg, VA 24073
      View Details
    • $180,000
      1,080 SF

      Updated Home Near Radford

      Updated 3-bedroom, 2-bath home with new features and efficient systems.
      1631 Blue Spruce Dr, Christiansburg, VA 24073
      View Details
    • $409,000
      0.50 Acres

      Christiansburg Commercial Property For Sale

      Corner lot in Christiansburg with business opportunities.
      307 W Main St, Christiansburg, VA 24073
      View Details
    • $450,000
      3,219 SF

      Medical Office Building For Sale

      Medical office building with approximately 3,219 square feet available.
      95 Ponderosa Dr NE, Christiansburg, VA 24073
      View Details
    • $1,495,000
      7.90 Acres

      Christiansburg Commercial Land Investment

      7.9 Acres, High Visibility, I-81 Access
      Tbd Brammer Ln, Christiansburg, VA 24073
      View Details
    • $498,000
      4.10 Acres

      Christiansburg Commercial Greenhouse Opportunity

      4.1 Acres, I-81 Visibility, 2020 Build
      Tbd Flanagan Dr, Christiansburg, VA 24073
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic commercial lot, ideal for retail.
    Where is this land located?
    The property is located at 1335 Roanoke St Christiansburg, VA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 2.42-acre commercial lot in Christiansburg, VA (24073) for $1,100,000.; B3 General Business zoning on a major thoroughfare with high visibility and traffic counts near established businesses.; Includes a leased billboard generating $600/month passive income.
    (540) 299-2616
    Request Owner's contact information
    1335 Roanoke St Christiansburg, VA 24073
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1335 Roanoke St
    Christiansburg, VA 24073
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1335 Roanoke St Christiansburg, VA 24073
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.