616 Leisure Ln Blacksburg, VA 24060
This 0.8-acre industrial/manufacturing land parcel is located at 616 Leisure Lane, Blacksburg, VA 24060, in the desirable Cedar Orchard subdivision. Situated on a peaceful cul-de-sac, this property offers a serene and private setting, ideal for various industrial or manufacturing uses. The lot is conveniently located near Downtown Blacksburg, providing easy access to shopping, entertainment, and Virginia Tech. Public water and sewer are available, simplifying the development process. The asking price for this exceptional property is $150,000. This presents a unique opportunity to acquire a well-situated lot in a thriving area, perfect for those seeking to establish a new business or expand existing operations. The property is zoned for industrial and manufacturing uses, offering flexibility for a range of potential projects. With its prime location and readily available utilities, this land parcel represents a compelling investment opportunity in the heart of Blacksburg, Virginia. Montgomery County location adds to its appeal. The property's address is verified as 616 Leisure Lane.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.