Property profile

0 Roanoke St Christiansburg, VA 24073

OFF-MARKET
Lifestyle centers
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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

Location

Roanoke St Christiansburg, VA 24073
Christiansburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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