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    OFF-MARKET
    Land

    0 Tyler St, Christiansburg, VA 24073

    35 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 35-acre tract presents a prime commercial development opportunity in Christiansburg, Virginia. Strategically located at Exit 109 off I-81, directly across from Carilion New River Valley-Radford Hospital, this property boasts unparalleled visibility and accessibility. The land is comprised of 21.13 acres zoned General Business (GB) and 14.19 acres zoned R-3, offering flexibility for a variety of development projects. A proposed plan includes 44 lots, with convenient ingress/egress points also available from Baines Chapel Road. The property's commanding position overlooking I-81 makes it ideally suited to serve the growing needs of Radford, Radford University, Volvo, the Carilion Hospital, and surrounding residential communities in Snowville and Riner. The land features a level topography, ensuring ease of development, and essential utilities are readily available. Furthermore, the possibility of acquiring additional acreage exists, providing expansion potential for larger-scale projects. Detailed topography information is available. This is a rare opportunity to acquire a significant parcel of land in a high-growth area with exceptional visibility and access. The asking price is $1,900,000.

    Property profile
    Verified
    Property type Land
    Lot 35 ac (1,524,600 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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