Triangle St Blacksburg, VA 24060
- Land
- 10.03 lot acres
Current Use by Public Records
- Land
Property Details for 0 Triangle St
- Lot size
- 10.03 lot acres
- Property type
- Land
Description
This exceptional 10.03-acre parcel presents a unique investment opportunity in Montgomery County, Virginia. Conveniently located near Blacksburg, with a Triangle Street address, this property offers unparalleled potential for a variety of uses. Its strategic location directly adjoins an 8-acre parcel on Davis Street, placing it in close proximity to Lewis Gale Blacksburg Hospital. This advantageous positioning makes it ideal for multi-family residential development, student housing catering to Virginia Tech students, senior housing, assisted living facilities, medical school housing, or accommodations for Lewis Gale Hospital staff. The site's proximity to an established residential neighborhood also suggests the viability of townhome development. The asking price is $2,200,000. All necessary utilities are available on-site, simplifying the development process. The property is zoned for both commercial and residential uses, providing flexibility for a wide range of development plans. This is a rare opportunity to acquire a substantial land holding in a high-demand area with excellent access to major amenities and infrastructure. The property is not located within the Town of Blacksburg, but rather in Montgomery County, offering potential advantages in terms of zoning and development regulations. This location offers significant potential for substantial returns on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Blacksburg
- County
- Montgomery
- State
- Virginia
- Longitude
- -80.412
- Latitude
- 37.1828
