Property profile

0 Lee Hwy Mount Union, VA 24175

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0 Lee Highway property in Troutville, Virginia, presents a compelling investment opportunity. Priced at $250,000, this vacant land parcel offers significant potential for various business ventures. Its strategic location in Botetourt County, near the city of Mount Union, provides easy access to major transportation arteries, including I-81, Route 220, and Route 11, ensuring excellent connectivity and accessibility. The lot is conveniently situated in a B-1 zoned area, facilitating a range of development possibilities. Furthermore, essential utilities are readily available, including water, sewer, electric, and gas connections, simplifying the development process and reducing upfront costs. The size of the lot is substantial enough to accommodate a variety of projects while remaining manageable for efficient maintenance and upkeep. This property represents a rare chance to acquire a well-located, utility-serviced parcel in a thriving area, making it an attractive prospect for both developers and investors seeking a strategic foothold in the region. The property's address is 0 Lee Highway, Troutville, VA 24175. Latitude and longitude coordinates are 37.4470479, -79.9864071.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lee Hwy Mount Union, VA 24175
Mount Union metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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