1323 Hardy Rd Vinton, VA 24179
This exceptional 4.29-acre commercial development site is ideally located at 1323 Hardy Road in Vinton, Virginia, zip code 24179. Priced at $199,950, this property offers significant potential for a variety of uses. The land boasts a gently sloping topography and is mostly wooded. Public water and sewer services are readily available. Zoned RB - Residential Business, the property allows for a range of development options, including offices, medical and dental clinics, banks, and single-family dwellings. Special exceptions permit townhouses and funeral homes. The site's strategic location on the four-lane section of Hardy Road, just east of the intersection with Route 24, ensures high visibility and accessibility. The land value is $1.07 per square foot. This area is experiencing growth and increasing land values, making this a compelling investment opportunity. The property's size also allows for potential subdivision, offering further flexibility for developers. This is a rare opportunity to acquire a well-situated, versatile commercial parcel in a thriving area of Vinton. Contact us today to learn more about this exceptional development opportunity.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.