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3730 S Main St - Blacksburg Commercial Ac. Urban Development

8 Acres of Residential Land Offered at £2,961,573 in Blacksburg, VA 24060

Investment Highlights

  • Prime Commercial and Residential location with 2.3 acres of commercial zoned land on S. Main St. located within a UDA.

Executive Summary

Property is currently in an Urban Development Area as designated by the county. They have expressed interest in a mix of commercial and residential use. Mixed use included.

Property Facts

Price £2,961,573
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 8.00 AC

1 Lot Available

Lot

Price £2,961,573
Price Per AC £370,197
Lot Size 8.00 AC

8 +/- At the corner of South Main Street and Davis street

Description

These 8 +/- acres of commercial development property are adjacent to the hospital and located in a designated Montgomery County urban development area. There are many possible uses for this property, including multi-family, commercial, etc. This is a prime location on US 460 (Business), next to Lewis-Gale Montgomery Regional Hospital.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 020316
  • 020310
  • 020317
  • 017339
  • 020315
  • 020318
  • 020311
  • 015277
  • 009666
  • 010219
  • 020312
  • 015066
Land Assessment
£1,199,496
Improvements Assessment
£154,064
Total Assessment
£1,353,560

zoning

Zoning Code Commercial, Residential (https://nationalland.com/listing/blacksburg-commercial-acreage-in-urban-development-area)
Commercial, Residential (https://nationalland.com/listing/blacksburg-commercial-acreage-in-urban-development-area)
  • Listing ID: 27469040

  • Date on Market: 09/01/2023

  • Last Updated:

  • Address: 3730 S Main St, Blacksburg, VA 24060

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