0 Quail Ridge Cir Cave Spring, VA 24018

OFF-MARKET

Land

3.86 ac lot

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This exceptional 3.86-acre parcel in Cave Spring, Virginia, presents a remarkable opportunity for multi-family development. Located in the desirable Hunting Hills area, this property boasts convenient access via Quail Valley Condominiums and Quail Ridge townhomes. The land comprises two build-ready lots, with several conceptual plans already developed for the remaining acreage. This prime southwest Roanoke County location offers proximity to a variety of shopping and dining options, as well as the prestigious Hunting Hills Country Club, complete with an 18-hole golf course, tennis courts, swimming pool, and a stunning clubhouse. The R3 zoning designation permits the construction of medium-density multi-family housing, both attached and detached. The address is 0 Quail Ridge Circle, Cave Spring, VA 24018. This is an ideal investment for developers seeking a highly sought-after location with established infrastructure and amenities. The asking price for this exceptional development opportunity is $175,000. Don't miss this chance to acquire a significant piece of land in a thriving community.

Property type Land

Lot 3.86 ac (168,142 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Quail Ridge Cir Cave Spring, VA 24018

Cave Spring metro

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6 recent transactions · within 1.5 mi

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