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Property profile & analytics
FOR SALE
Commercial land

412 Tinker Mountain Rd Daleville, VA 24083

Property ID
US87-1614774
Property summary
AI-generated overview

Presented exclusively for sale by the Poe & Cronk Real Estate team of Stephen Pendergrass and Matt Huff – the Talbot Farm – is a 60+ acre parcel of land located at Exit 150 at the intersection of Interstate 81 and Hwy 220 in Daleville, VA. This site is a rare and perfectly located development opportunity for high-demand multifamily or large-scale big box retail. The property features direct access and visibility to one of the highest traffic counts in southwest Virginia, as well as quick and easy access to the adjoining Roanoke Metropolitan area. Measuring just over 60 acres, Botetourt County will allow 450+ multifamily units. The property also benefits from the new Botetourt County Gateway Crossing zoning overlay which was put in place to encourage high density residential and commercial uses. Public water and sewer is located on the property. Nearby amenities include unparalleled views of the Shenandoah Valley and surrounding mountains, as well as nearby grocery, retail, music, and restaurants in the adjoining Botetourt Commons and Daleville Town Center retail hubs. The site also benefits from its unique location adjacent to the Appalachian Trail, and close proximity to Lord Botetourt High School, and a new YMCA community pool and fitness facility.

Property profile
Verified
Property type Commercial land
UPID US87-1614774
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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