4252 Smt St, Cave Spring, VA 24018
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.