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Pad-Ready Commercial Land

Lee Highway Radford, VA 24141

Lee Highway, Radford, VA, 24141
$395,000
For Sale
$395,000

COMMERCIAL - Radford, VA

Lot Size2.33 Acres
Days on Market2262

Property Features for Lee Highway

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
General Business
Standard status
Active
Lot size
2.33 Acres

Taxes and HOA fees

Tax Year
2017
Tax Description
New Tract 1 and 2 W Side Rt 11 Parcel numbers 039-1-46 and 039-1-23E
Tax Annual Amount
3119
Listing Agency Page & Assoc. Real Estate
1655 Roanoke Street, POB1499, Christiansburg, VA
Listed by Nancy Page · License #225043559
Added: May 12, 2020 Updated: Jun 4 at 1:44 pm Checked: Jul 21 at 12:06 am
MLS# 408678 Listing URL

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 pad-ready commercial land site has been graded for development and offers a prepared starting point for a new build. The property totals approximately 2.35 acres and is designated for commercial use under General Business zoning (CM-1), supporting a variety of office, service, and retail-oriented concepts.

The site has frontage on University Park Drive and Lee Highway, two prominent access routes. Public remarks note it serves as the main artery between Radford, Dublin, and Pulaski, with an average daily traffic count of 26,000. The property is described as being just down from a lighted intersection, which is intended to support convenient access.

From a tenant and operator standpoint, this configuration can work well for businesses seeking a straightforward ground-up location with readying improvements already in place. With commercial development and a mix of nearby businesses indicated in the surrounding area, the parcel may fit users looking for a visible site and flexible commercial layout based on their business requirements within the CM-1 district.

Key Highlights

  • 2.35‑acre commercial parcel, pad ready and graded
  • Frontage on University Park Drive and Lee Highway
  • Zoned Commercial District (CM‑1)

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - Graded and pad ready with frontage on major thoroughfares, suited for a range of commercial site plans.
Where is this commercial land located?
The property is located at Lee Highway Radford, VA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2.35‑acre commercial parcel, pad ready and graded; Frontage on University Park Drive and Lee Highway; Zoned Commercial District (CM‑1)
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More about this property
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