1335 Roanoke StChristiansburg, VA 24073

  • Land
  • 2.21 AC
For Sale
$1,100,000 View listing

Property Details for 1335 Roanoke St

Lot size
2.21 AC
Zone code
B3
Property type
Land
Property subtype
Commercial land
APN
529- A 9
APU
529A9

Description

This exceptional 2.42-acre commercial lot, located at 1335 Roanoke Street in Christiansburg, Virginia (zip code 24073), is offered at $1,100,000. Zoned B3 General Business, this property boasts a prime location on a major thoroughfare leading into Christiansburg from I-81 and the 460 Bypass, ensuring high visibility and traffic counts. The lot is situated near established businesses including O'Reilly Auto Parts, United Muffler, G&H Appliance, the Gateway Shopping Center, and Blue Ridge Church. Public utilities are readily accessible. The property also includes a leased billboard generating $600 per month in passive income. This offering presents a unique opportunity for development. Alternative purchase options exist: a 1-acre parcel for $500,000 or a 1.42-acre parcel (including the billboard) for $800,000. This versatile property is perfect for a variety of commercial ventures. Montgomery County location provides access to a thriving community.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,083,593
    Hospitality
    $11,068,506
    Educational
    $9,208,867
    Medical
    $9,525,574
    Retail
    $14,324,905
1335 Roanoke St, Christiansburg, Virginia
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Location Insight

City
Christiansburg
County
Montgomery
State
Virginia
Latitude
37.1328
Longitude
-80.3831
CBSA code
13980
CBSA name
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$29
$384,900
-
$384,900
-
$384,900
-
$384,900

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