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    1023 Cascade Dr Pembroke, VA 24136

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1023 Cascade Dr

    Property type
    Land
    Property subtype
    Manufacturing properties

    Description

    This exceptional 7-acre property located at 1023 Cascade Drive, Pembroke, VA 24136, presents a unique opportunity for industrial or manufacturing development. Situated in Giles County, this land offers a tranquil setting just three miles from the scenic Cascades Waterfall, providing a serene environment while remaining conveniently close to the bustling town of Blacksburg and Virginia Tech. The property is zoned for industrial and manufacturing uses, presenting significant potential for various projects. The asking price is $49,900. The land is unimproved, offering a blank canvas for customized development to suit specific needs. Its location combines the peacefulness of nature with the accessibility of a thriving community, making it an attractive investment for businesses seeking a blend of tranquility and strategic location. The property's coordinates are 37.3347211 latitude and -80.6335465 longitude. This is a rare opportunity to acquire a substantial parcel of land in a desirable location with significant potential for growth and development. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke
    County
    Giles
    State
    Virginia
    Longitude
    -80.6335
    Latitude
    37.3347

    Comparable in this City

    • Value Estimation
      $380,000
      22,000 SF

      185 Cascade Industrial Park

      INDUSTRIAL (GENERAL) • 22,000 SF
      185 Cascade Industrial Park, Pembroke, VA 24136-3650
      View Details
    • Value Estimation by Request
      5.00 Acres

      158 Wheatland Dr

      INDUSTRIAL (GENERAL) • 5.00 Acres
      158 Wheatland Dr, Pembroke, VA 24136-3645
      View Details
    • Value Estimation by Request
      1.40 Acres

      Virginia Ave

      VACANT COMMERCIAL LAND • 1.40 Acres
      Virginia Ave, Pembroke, VA 24136
      View Details
    • Value Estimation by Request
      17.29 Acres

      Pembroke, VA 24136

      VACANT COMMERCIAL LAND • 17.29 Acres
      Pembroke, VA 24136
      View Details
    • Value Estimation by Request
      4.48 Acres

      Patrick Dr

      VACANT COMMERCIAL LAND • 4.48 Acres
      Patrick Dr, Pembroke, VA 24136
      View Details
    • Value Estimation by Request
      0.13 Acres

      Snidow St

      VACANT COMMERCIAL LAND • 0.13 Acres
      Snidow St, Pembroke, VA 24136
      View Details

    Similar Nearby for Sale

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    • $750,000
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      Mixed-Use Income Property on Corner Lot

      Multi-tenant property with substantial cash flow on a 0.75-acre lot.
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    • $2,495,000

      Hendrickson Road Specialty Property

      Specialty property available for sale on Hendrickson Road.
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    1023 Cascade Dr
    Pembroke, VA 24136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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