Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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