0 Town Center St Daleville, VA 24083
This exceptional offering encompasses two commercial land parcels totaling 5.81 acres within the thriving Daleville Town Center in Botetourt County, Virginia. Strategically located on Town Center Street, these lots boast unparalleled visibility from Route 220, experiencing high daily traffic counts (25,000 vehicles). The property's zoning (TND B1 B2 B3) permits a diverse range of commercial uses, including retail, restaurants, and offices, along with mixed-density residential development. The site benefits from its position within a vibrant, pedestrian-friendly community, already home to a diverse mix of established businesses such as a YMCA, bank, medical facility, coffee shop, tap house, and other retail establishments. The Daleville Town Center is also slated to welcome a new Hampton Inn, further enhancing the area's appeal and attracting increased foot traffic. This location offers easy access to Interstate 81 (2 miles), serving Botetourt County, Roanoke City and County, and surrounding areas including Vinton and Bonsack. The development potential is significant, presenting a unique opportunity for businesses seeking a high-visibility location in a rapidly growing and desirable area of the Blue Ridge Mountains. The property's proximity to residential areas, including apartments, townhomes, and single-family residences, creates a built-in customer base. The asking price for this exceptional opportunity is $2,550,000.
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
Similar Nearby for Sale
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.