Financial
Distress signals
Property profile

702 University City Blvd Blacksburg, VA 24060

FOR SALE
Other commercial real estate
Property ID
US87-1661900
21,670 SF 1.09 ac lot Built 2002
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in Blacksburg, Virginia, the property is near Virginia Tech within walking or bus distance and comprises three parcels totaling 4.6 acres. It contains five mixed-use buildings with space configured for offices, retail uses, a daycare center, and apartments. The property provides on-site parking and is zoned General Commercial. The building addresses are 702, 810, 820, 840, and 844 University City Boulevard, and traffic counts for the area were reported as 8,300 average daily vehicles in 2021 and 8,800 in 2018. The site is also suited for potential redevelopment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$278
Tax billed · 2024
Assessed value$3.70M
Assessed land$710k
Assessed improvement$2.99M
Effective rate0.01%

Value estimate

· Sep 2026
$2.47M
$2.22M – $2.72M
Submarket $/SF estimate$2.57M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GC
District is to provide for more intense commercial uses than the Downtown Commercial district, but in a manner which is consistent with t...
General categoryCOMMERCIAL
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office13.9
Electrical Service10.2
Building Supply9.9

Location

702 University City Blvd Blacksburg, VA 24060
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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