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    OFF-MARKET
    Land

    0 Country Club Dr, Blacksburg, VA 24060

    1.71 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 1.711-acre commercial lot in Blacksburg, VA, is offered at $1,000,000. Located on Country Club Drive SW, it's zoned for commercial use and ideally suited for retail, hospitality, or mixed-use development. Its prime location boasts high visibility and accessibility, situated directly behind a major Kroger grocery store and adjacent to a newly constructed hotel. This ensures significant foot traffic from both the local community and the substantial student population of nearby Virginia Tech. The property benefits from its proximity to key amenities and is in a thriving market area with strong growth prospects. The existing zoning eliminates regulatory hurdles, allowing for immediate planning and development. Developers have the flexibility to create a variety of projects to cater to the needs of a growing and diverse population, making this a compelling investment opportunity with significant long-term potential for appreciation and income generation. The property's location near Virginia Tech provides substantial foot traffic and visibility, enhancing its appeal to a wide range of commercial ventures. This exceptional location offers a strategic advantage for attracting tenants and customers, making it an ideal investment for developers and investors seeking a high-demand area with strong growth potential. The 1.711 acres provide ample space for a variety of development options.

    Property profile
    Verified
    Property type Land
    Lot 1.71 ac (74,531 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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