Elm View Rd Cave Spring, VA 24018
- Land
- 52.56 lot acres
Current Use by Public Records
- Land
Property Details for 0 Elm View Rd
- Lot size
- 52.56 lot acres
- Property type
- Land
Description
This exceptional 52.56-acre commercial land parcel presents a remarkable investment opportunity in the heart of Southwest Roanoke County, Virginia. Strategically located near Route 419, this property boasts convenient access to Tanglewood Mall, a variety of shopping and dining options, and proximity to Carilion and Lewis-Gale Hospitals. The property's zoning offers significant flexibility, encompassing R3 (37.34 acres) for medium-density multi-family residential development and C1 and C2C (15.22 acres) for commercial ventures. This diverse zoning allows for a wide range of development possibilities, catering to both residential and commercial needs. The asking price is $3,101,040, translating to a land value of $59,635 per acre. Utilities are readily available, with public water, sewer, and gas services accessible. The property's address is 0 Elm View Rd, Cave Spring, VA 24018. Detailed parcel IDs are available upon request. This prime location and versatile zoning make this a truly exceptional opportunity for investors seeking high-return potential in a thriving area. Don't miss this chance to acquire a significant land holding with immense development possibilities.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cave Spring
- County
- Roanoke
- State
- Virginia
- Longitude
- -79.9778
- Latitude
- 37.2235
