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Property profile & analytics
OFF-MARKET
Manufacturing properties

780 White Pine Dr Christiansburg, VA 24073

Property ID
US87-1511768
Property summary
AI-generated overview

Discover a unique 12.8-acre industrial/manufacturing land opportunity in Christiansburg, VA (zip code 24073). Located in Montgomery County, this property offers exceptional potential for development, boasting lovely views from its higher elevations. Currently zoned Agricultural, it provides a secluded setting while enjoying convenient proximity to I-81, Christiansburg, Blacksburg, and Virginia Tech. The land includes several existing structures, such as a small historic home, a chestnut wood barn, and a springhouse, all requiring repair or potential reclamation of usable materials during development. While currently serviced by a septic system and spring water, a public water connection is also available. This rare offering presents a chance to build a dream home or create a new development in a highly desirable location. The asking price is $399,900. The mostly wooded lot offers a natural buffer for privacy. This property presents a unique opportunity for investors and developers alike. Don't miss this chance to acquire this expansive and versatile land parcel.

Property profile
Verified
Property type Manufacturing properties
UPID US87-1511768
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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