Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning