4252 Smt St Cave Spring, VA 24018

OFF-MARKET

Land

2.12 ac lot

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This exceptional 2.12-acre commercial lot, located at 4252 Summit St in Cave Spring, Virginia (zip code 24018), presents a unique investment opportunity. Zoned C2, this property boasts high visibility and traffic counts due to its strategic location along the busy 220 corridor, directly adjacent to a Lowe's store and Quail Valley Condos. The lot is already cleared, making it readily accessible for development and easy to show prospective buyers. The property's APN is 087.08-01-02.00-0000. Information regarding taxes is estimated based on Roanoke County GIS data. It's important to note that a cemetery borders the interior boundaries of this property. Prospective buyers are responsible for securing water and sewer connections. The asking price for this prime commercial land is $211,300. This location offers significant potential for a variety of commercial ventures, capitalizing on the high traffic volume and proximity to established businesses. Serious inquiries are encouraged.

Property type Land

Lot 2.12 ac (92,347 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

4252 Smt St Cave Spring, VA 24018

Cave Spring metro

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