5110 Frk Rd Elliston, VA 24087
This exceptional 6.01-acre commercial land parcel presents a remarkable investment opportunity in Elliston, Virginia. Strategically located just off Interstate 81, exit 128 (Ironto), this highly visible site enjoys exceptional traffic flow between the vibrant cities of Roanoke and Blacksburg, home to Virginia Tech. Its prime location makes it ideal for a variety of commercial ventures. Considered uses include hotels, casual dining establishments, fast-food restaurants, truck stops, and convenience stores. The property boasts ample road frontage and convenient access to the existing road network. Utilities are readily available, with water and sewer services already in place at the site. This is a rare chance to acquire a significant commercial tract in a high-growth area with excellent visibility and accessibility. The asking price for this exceptional property is $1,800,000. The property's address is 5110 N Fork Rd, Elliston, VA 24087, situated in Montgomery County. Its geographical coordinates are latitude 37.234263 and longitude -80.241175. Don't miss this opportunity to capitalize on this prime location and build your business success.
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.