2801 Lee HwyTroutville, VA 24175

  • Other commercial real estate
  • 0.62 AC
For Sale
$995,000 View listing

Property Details for 2801 Lee Hwy

Lot size
0.62 AC
Zone code
B3
Property type
Other commercial real estate
APN
101-141
APU
101141

Description

This exceptional 0.62-acre commercial land parcel presents a unique investment opportunity in Troutville, Virginia. Strategically located at the intersection of Route 11 and Alternate 220, this corner lot boasts exceptional visibility and high traffic counts, ensuring maximum exposure for any commercial venture. Easy access to interstate highways further enhances its appeal, providing convenient connectivity for customers and employees. The property's expansive size offers ample space for development, accommodating a wide range of commercial uses. Its prime location within Botetourt County, Virginia, and the proximity to Troutville's vibrant community, make this an ideal site for businesses seeking a strong foothold in a growing market. The asking price is $995,000. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a highly visible and accessible commercial property in a desirable location. Don't miss out on this chance to establish your business in a thriving area with excellent growth potential. The property is zoned for commercial use (verification of zoning with local authorities is recommended). The address is 2801 Lee Highway, Troutville, VA 24175.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,391,478
    Hospitality
    $3,106,576
    Educational
    $2,584,634
    Medical
    $2,673,524
    Retail
    $4,020,543
2801 Lee Hwy, Troutville, Virginia
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Location Insight

City
Troutville
County
Botetourt
State
Virginia
Latitude
37.3871
Longitude
-79.9033
CBSA code
40220
CBSA name
ROANOKE, 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
0
-
$405,100
$24,200
$429,300
-
$405,100
$24,200
$429,300

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