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    OFF-MARKET
    Lifestyle centers

    0 Roanoke St, Christiansburg, VA 24073

    Property ID
    Property summary
    AI-generated overview

    This exceptional 15.6-acre commercial land parcel presents a prime opportunity for development in the thriving Blacksburg/Christiansburg/Virginia Tech metro area. Strategically located on Roanoke Street with direct access to I-81's exit ramp, this site boasts exceptional visibility and accessibility. The property benefits from high traffic counts, with I-81 seeing 54,000 vehicles daily and Roanoke Street, a major Christiansburg entry point, recording 28,000 vehicles daily. Its advantageous location is further enhanced by a signalized corner intersection near established businesses such as Long John Silver's, Rise Dispensary, and Blue Ridge Church, with additional access from Falling Branch Road. The land is already compacted and ready for construction, with utilities readily available. The property is zoned for mixed-use development, allowing for a variety of commercial uses including big box retail, shopping centers, and office complexes. The site can be subdivided to accommodate various project sizes

    Property profile
    Verified
    Property type Lifestyle centers
    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
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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