2400 Main St, Blacksburg, VA 24060
This exceptional 1.794-acre commercial land parcel presents a rare development opportunity in Blacksburg, Virginia. Located at 2400 S Main St, this property boasts a highly desirable location near the Virginia Tech Airport and the VT Corporate Research Center, offering excellent visibility and accessibility. Zoned O - Commercial Industrial, the site allows for a variety of mixed-use development possibilities, catering to a diverse range of commercial ventures. The expansive lot size provides ample space for substantial construction projects, making it an ideal investment for developers seeking a strategic location with significant growth potential. The property's address is 2400 S Main St, Blacksburg, VA 24060, within Montgomery County. The parcel number is 317-11-6&7. This is one of the last remaining undeveloped sites on South Main Street, representing a unique chance to capitalize on the area's thriving economy and strategic location. The asking price for this prime commercial land is $780,000. This presents a compelling investment opportunity for those seeking a high-impact commercial development project in a dynamic and rapidly growing area.
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
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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.