Property profile

3241 Lee Hwy Troutville, VA 24175

FOR SALE
Commercial land
Property ID
US87-Q000615
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Property summary

AI-generated overview

Off-Interstate pad-ready site in front of a busy Comfort Inn hotel in Troutville, VA. 1-acre parcel with two other hotels and Cracker Barrel in close proximity. No deed restrictions exist on this property, so all uses will be considered. Utilities available to site. Sewer on same side of road. Exit 150 traffic counts of 59,000 cars per day.

Property profile

Verified
Property type Commercial land
UPID US87-Q000615

Cap rate & NOI

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

Location

3241 Lee Hwy Troutville, VA 24175
Troutville metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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