Property profile

205 S Main St Blacksburg, VA 24060

FOR SALE
Commercial real estate
Property ID
US87-1392092
23,100 SF 0.33 ac lot Built 2008
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Total area 23,100 SF
Lot 0.33 ac (14,558 SF)
Zoning code DC
APN 257- A 49
UPID US87-1392092

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

205 S Main St Blacksburg, VA 24060
Blacksburg metro Census 20701 BLACKSBURG-CHRISTIANSBURG-RADFORD, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.29M
Blend (final) Blend
$2.49M

Owner & transaction history

Zoning & alternative use

DC · Blacksburg, VA
Zoning description

District include a diversity of specialty, retail services, cultural, recreation, entertainment activities, and public functions

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message