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    OFF-MARKET
    Land

    567 Franklin St, Christiansburg, VA 24073

    0.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.3 ac (12,981 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
    Current use
    Occupant on record · Public records
    • ProWash USA Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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