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Property profile & analytics
OFF-MARKET
Commercial real estate

507 Nellies Cave Rd Blacksburg, VA 24060

Property ID
US87-1469540
Property summary
AI-generated overview

This exceptional 350,000 USD industrial land parcel, located at 507 Nellie's Cave Road in Blacksburg, Virginia (zip code 24060), presents a compelling investment opportunity. Situated in Montgomery County, this property offers significant potential for development. The land is conveniently located near local amenities and the campus, providing easy access for employees and customers. A key advantage is the availability of public utilities, simplifying the construction process and reducing upfront costs. The property's zoning allows for subdivision, opening up possibilities for multiple development projects or strategic land sales. The latitude and longitude coordinates are 37.213242 and -80.3927645 respectively. This versatile lot is ideal for a range of industrial uses, making it an attractive prospect for developers, investors, and businesses seeking a strategic location in a thriving area. The property is classified as industrial land and is currently listed at $350,000. Further information is available upon request. This is a rare opportunity to acquire a well-situated industrial land parcel with significant development potential in a desirable location. Don't miss out on this chance to secure a prime piece of Blacksburg real estate.

Property profile
Verified
Property type Commercial real estate
UPID US87-1469540
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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