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    OFF-MARKET
    Commercial real estate

    140 Cambria St, Christiansburg, VA 24073

    2.31 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.31-acre commercial lot (Lot 2) presents a remarkable opportunity for entrepreneurs seeking a high-visibility location in Christiansburg, Virginia. Boasting B3 General Business zoning, this property offers unparalleled versatility for a wide range of commercial ventures. Its strategic location on Cambria Street, a major thoroughfare with an average daily traffic count of 2,000 vehicles (per the 2023 VDOT AADT report), ensures significant exposure and accessibility. The property's proximity to the Christiansburg Recreation Center, Interstate 81, downtown Christiansburg, Blacksburg, and Virginia Tech further enhances its appeal. This lot serves as the primary entrance to several prominent residential communities including Windmill Hills, Diamond Pointe, and the majority of Oak Tree townhomes, guaranteeing a substantial and diverse customer base. The possibilities are truly endless. For those seeking an even larger footprint, an adjacent 2.527-acre lot is also available for purchase, providing a combined total of nearly 5 acres. This presents a unique chance to acquire a significant commercial holding in a thriving and rapidly developing area. The property's ideal location and zoning make it an exceptional investment for businesses seeking high visibility and convenient access to major transportation routes and residential areas.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.31 ac (100,624 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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