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    Roanoke St Christiansburg, VA 24073

    Sponsored
    For Sale
    Contact for pricing

    15.6 Acres, I-81 Exit, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15.6-acre commercial land parcel presents a prime opportunity for development in the thriving Blacksburg/Christiansburg/Virginia Tech metro area. Strategically located on Roanoke Street with direct access to I-81's exit ramp, this site boasts exceptional visibility and accessibility. The property benefits from high traffic counts, with I-81 seeing 54,000 vehicles daily and Roanoke Street, a major Christiansburg entry point, recording 28,000 vehicles daily. Its advantageous location is further enhanced by a signalized corner intersection near established businesses such as Long John Silver's, Rise Dispensary, and Blue Ridge Church, with additional access from Falling Branch Road. The land is already compacted and ready for construction, with utilities readily available. The property is zoned for mixed-use development, allowing for a variety of commercial uses including big box retail, shopping centers, and office complexes. The site can be subdivided to accommodate various project sizes

    Property Features for 0 Roanoke St

    General Information

    Property type
    Lifestyle centers

    HighLights

    • Prime location in the Blacksburg/Christiansburg/Virginia Tech MSA.
    • High‑traffic visibility: I‑81 exit (54,000 vehicles daily) and Roanoke Street access (28,000 vehicles daily).
    • Signalized corner lot with excellent access from I‑81, Roanoke Street, and Falling Branch Road, near established businesses.
    • Ready‑to‑build site with available utilities; site compaction complete.
    • Pricing available upon request; acreage options to suit your needs.
    • Future cross‑access easements will ensure seamless connectivity throughout the development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Christiansburg
    County
    Montgomery
    State
    Virginia
    Longitude
    -80.3624347
    Latitude
    37.1362817

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    FAQs

    What type of property is this?
    Lifestyle center - 15.6 Acres, I-81 Exit, High Traffic
    Where is this lifestyle center located?
    The property is located at Roanoke St Christiansburg, VA.
    What are key features of this property?
    This property features: Prime location in the Blacksburg/Christiansburg/Virginia Tech MSA.; High-traffic visibility: I-81 exit (54,000 vehicles daily) and Roanoke Street access (28,000 vehicles daily).; Signalized corner lot with excellent access from I-81, Roanoke Street, and Falling Branch Road, near established businesses.
    Request Owner's contact information
    Roanoke St Christiansburg, VA 24073
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    Christiansburg, VA 24073
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    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
    Roanoke St Christiansburg, VA 24073
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