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    OFF-MARKET
    Land

    2400 Main St, Blacksburg, VA 24060

    1.79 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1.79 ac (78,147 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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