2205 South Main St
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2205 South Main St
2.3 Acres of Commercial Land Offered at £903,268 in Blacksburg, VA 24060
Investment Highlights
- Over 2 acres fronting on South Main Street and Zoned GENERAL COMMERCIAL.
Executive Summary
FOR SALE BY OWNER.
282 feet of Road Frontage level with Main Street. TRAFFIC COUNT is 25,000 vehicles per day. Main Street is a divided highway with crossover access. This property also has a CROSS ACCESS EASEMENT with the WILCO/BOJANGLES property next door.
Roanoke Airport 49 minute drive. VIRGINIA TECH and LANE STADIUM a 10 minute drive. GO HOKIES! Virginia Tech Corporate Research Center a 5 minute drive. VT Airport a 5 minute drive. DOWNTOWN BLACKSBURG a 10 minute drive.
ZONED GC/GENERAL COMMERCIAL.
The adjoining property to the North is vacant and owned by the FAA Airport Authority. It will remain vacant as a runway exclusion zone.
Contacts:
Scott Noonkester 540-552-3331
Jay Noonkester 803-646-4757
Eric Noonkester 540-353-4009
282 feet of Road Frontage level with Main Street. TRAFFIC COUNT is 25,000 vehicles per day. Main Street is a divided highway with crossover access. This property also has a CROSS ACCESS EASEMENT with the WILCO/BOJANGLES property next door.
Roanoke Airport 49 minute drive. VIRGINIA TECH and LANE STADIUM a 10 minute drive. GO HOKIES! Virginia Tech Corporate Research Center a 5 minute drive. VT Airport a 5 minute drive. DOWNTOWN BLACKSBURG a 10 minute drive.
ZONED GC/GENERAL COMMERCIAL.
The adjoining property to the North is vacant and owned by the FAA Airport Authority. It will remain vacant as a runway exclusion zone.
Contacts:
Scott Noonkester 540-552-3331
Jay Noonkester 803-646-4757
Eric Noonkester 540-353-4009
Financial Summary (Actual - 2021) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
£7,883
|
£3,427.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£7,883
|
£3,427.42
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | £7,883 |
| Annual Per AC | £3,427.42 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | £7,883 |
| Annual Per AC | £3,427.42 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | £903,268 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.30 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £903,268 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.30 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot 013475
| Price | £903,268 | Lot Size | 2.30 AC |
| Price Per AC | £392,725.31 |
| Price | £903,268 |
| Price Per AC | £392,725.31 |
| Lot Size | 2.30 AC |
Frontage is level with Main Street. Lays flat. But drops off in the back to a small stream. High visibility and high traffic count. This COMMERCIAL PROPERTY has a TRAFFIC COUNT of 25,000 VEHICLES DAY. CROSS ACCESS EASEMENT with the WILCO next door.
Description
The current tenant is Highland Tree Service.
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PROPERTY TAXES
| Parcel Number | 013475 | Improvements Assessment | £20,025 (2024) |
| Land Assessment | £806,071 (2024) | Total Assessment | £826,096 (2024) |
PROPERTY TAXES
Parcel Number
013475
Land Assessment
£806,071 (2024)
Improvements Assessment
£20,025 (2024)
Total Assessment
£826,096 (2024)
zoning
| Zoning Code | GC (GENERAL COMMERCIAL) |
| GC (GENERAL COMMERCIAL) |
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Noonkester Real Estate
2205 South Main St
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