115 Ponderosa Dr Christiansburg, VA 24073
- Land
- 0.99 lot acres
Current Use by Public Records
- Land
Property Details for 115 Ponderosa Dr
- Lot size
- 0.99 lot acres
- Property type
- Land
Description
This exceptional 0.991-acre commercial lot, located at 115 Ponderosa Dr NE in Christiansburg, VA (zip code 24073), presents a unique development opportunity. The property boasts a level, pad-ready site already improved with curb cuts and a substantial 34-space asphalt parking lot. Zoned B-3, this versatile parcel allows for a wide range of commercial uses, including medical facilities, retail spaces, offices, automotive businesses, and restaurants. Its strategic location near the New River Valley Mall places it within the heart of the region's retail hub, ensuring high visibility and accessibility. Convenient access to Highway 460, Blacksburg, and the Virginia Tech campus further enhances its appeal. The surrounding area is rich with amenities, including the Christiansburg Marketplace (home to Academy Sports, Earth Fare, and numerous restaurants), as well as Outback Steakhouse, Best Buy, Hobby Lobby, Lowe's Home Depot, and the NRV Mall, all within close proximity. The asking price is $495,000, representing a price per acre of $499,495. The APN is 406 8 21A. Ownership is held by NRV Market Square LLC. This is a truly exceptional opportunity for investors seeking a prime location and immediate development potential. Bring all offers!
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Christiansburg
- County
- Montgomery
- State
- Virginia
- Longitude
- -80.4186
- Latitude
- 37.1704
