For Sale
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Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning