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    Land

    2175 Franklin St, Christiansburg, VA 24073

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.4-acre commercial land parcel presents a unique investment opportunity in the thriving Christiansburg, Virginia market. Located at 2175 N Franklin St, this property boasts a highly desirable B3 zoning designation, allowing for a wide range of commercial development possibilities. All essential utilities and infrastructure are already in place, including a fully developed stormwater management system, significantly reducing development costs and timelines. The site benefits from its convenient location just off Franklin Street, ensuring high visibility and accessibility. This strategic position places the property within a newly developed commercial area, alongside established businesses such as Bojangles, Discount Tire, and a Driven car wash, creating a synergistic environment and attracting significant foot traffic. The property's address is 2175 N Franklin St, Christiansburg, VA 24073, situated in Montgomery County. The asking price for this exceptional commercial land is $1,650,000. This represents a compelling investment opportunity for developers seeking a ready-to-build site in a rapidly growing area. The property's location and existing infrastructure make it an ideal site for a variety of commercial ventures.

    Property profile
    Verified
    Property type Land
    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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