567 Franklin St, Christiansburg, VA 24073
This exceptional .298-acre commercial land parcel presents a unique investment opportunity in Christiansburg, Virginia. Located on a busy Kroger outparcel at 567 N Franklin St, zip code 24073, this property boasts high visibility and significant foot traffic. Currently occupied by a car wash, the site offers flexible development potential. Investors can choose to enhance the existing car wash operation for immediate income generation or pursue a complete redevelopment to suit a variety of commercial uses permitted under the B3 zoning. The property's strategic location ensures easy access to major roadways, maximizing its reach and appeal to a wide range of businesses. This prime location, coupled with the consistent customer activity from the adjacent Kroger and other retailers, creates an ideal environment for retail, service-based businesses, or other commercial ventures. The asking price for this exceptional opportunity is $349,000. Montgomery County's thriving market and the property's high-traffic location make this a compelling investment prospect with strong potential for future growth and return. Seize this chance to acquire a highly visible and versatile commercial property in a desirable location.
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ProWash USA Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.