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Commercial Land Corner Lot
For Sale
$425,000

Belspring Road, Fairlawn, VA 24141

LAND - Fairlawn, VA

Property SizeContact for details
Lot Size1.70 Acres
Days on Market63

Property Features for Belspring Road

General Information

Property type Land
Property subtype Other
Zoning General Business
Elementary school Riverlawn
Middle school Pulaski County Middle School
High school Pulaski County
Elementary school district Pulaski County
Middle school district Pulaski County
High school district Pulaski County
Directions From Christiansburg - 114, Left on Belspring, Property on Left. From Radford - Route 11, Right on Belspring, property on Right.
Subdivision Radford City
Standard status Active
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description MERGED LOTS 3 & 4 - J L SMITH LAND NEAR RADFORD
Tax Annual Amount 808
Legal Description MERGED LOTS 3 & 4 - J L SMITH LAND NEAR RADFORD
Listing Agency: Bondurant Realty Corp.
Listed By: Ben Bondurant
Added: Jun 4 Changed: Jul 31 Last Checked: Aug 5 at 7:06PM
MLS# 427608

Copyright © 2026 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This corner commercial land parcel is zoned General Business and consists of approximately 1.7 acres being sold off of a total 4.37-acre site. The property is described as high-visibility at the intersection, with VDOT traffic counts ranging from 15,500 to 17,700 vehicles per day. Seller will pay for the subdivision of the lot.

The site is positioned in a growing commercial area, with major surrounding businesses including Walmart, Lowe’s, Kroger, Rural King, Wendy’s, Hardee’s, Sheets, Dunkin’, and Radford Shopping Plaza, along with dozens of smaller businesses and banks.

An option to purchase the total 4.37 acres is also available, providing flexibility for users seeking a larger footprint than the subdivided 1.7-acre offering.

Key Highlights

  • Approximately 1.7 acres being sold off a total 4.37‑acre site
  • Corner lot on a high‑visibility intersection
  • VDOT traffic counts range from 15,500 to 17,700 vehicles per day

Property Analytics

Current Use

Commercial land

Lease Details

17,700 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby

Demographics for 24141, VA

20,308
Population
10,043
Households
2
Avg Household Size
34
Median Age
41%
College-Educated
94%
High-School Grad
65.6 sq mi
ZIP Area
310
Density / Sq Mi
$60,503
Median Household Income
$31,330
Median Earnings
$999
Median Rent
$230,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial land zoned General Business at a high-visibility intersection.
Where is this commercial land located?
The property is located at Belspring Road Fairlawn, VA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approximately 1.7 acres being sold off a total 4.37‑acre site; Corner lot on a high‑visibility intersection; VDOT traffic counts range from 15,500 to 17,700 vehicles per day
More about this property
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