0 Lee Hwy Mount Union, VA 24175
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.