Property summary
This 1.5-acre commercial land parcel, located at 3221 Lee Highway in Troutville, Virginia (APN 101(5)4A), is offered for sale at $650,000. The property is zoned B2 and boasts a highly visible location directly off Interstate 81 at Exit 150, experiencing daily traffic counts of 59,000 vehicles. Its prime location is further enhanced by its proximity to a busy Comfort Suites hotel, two additional hotels, and a Cracker Barrel restaurant, all within a short distance. The site is pad-ready, with readily available utilities and sewer access located on the same side of the road. Importantly, there are no deed restrictions on this property, providing significant flexibility for a wide range of commercial uses. This makes it an ideal location for restaurants, fast-food establishments, convenience stores, or other commercial ventures seeking high visibility and convenient access to a major interstate highway. The property's size and location present a unique opportunity for developers and investors seeking a strategic foothold in a thriving commercial area. This exceptional location offers unparalleled exposure and accessibility, making it a highly desirable investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning