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    OFF-MARKET
    Land

    0 Elm View Rd, Cave Spring, VA 24018

    52.56 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 52.56 ac (2,289,514 SF)
    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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