3503-3511 Holiday Lane Blacksburg, VA 24060

5.9 Acres | Land | $4,900,000

INVESTMENT HIGHLIGHTS

Offered for sale. Zoned GC. 5.9 Acres.

EXECUTIVE SUMMARY

BLACKSBURG OPPORTUNITY ZONE

Excellent investment opportunity within Blacksburg, VA town limits, and in the Blacksburg Opportunity Zone. Property prime for development due to proximity to rapidly growing Virginia Tech & Town of Blacksburg.

410' of Main Street road frontage.

Property is within 1.0 miles of Va Tech airport, within 1.5 miles of Va Tech, within 0.8 miles of VT Corporate Research Center, across 460 BUS from Regional Hospital - all that and within town limits.

AADT: 460 Bypass = 42,000 VPD ; 460 business = 17,000 VPD

Events at Va Tech, such as athletics & graduations generate greater traffic.

Property zoned GC (General Commercial). Proposed Uses: Professional office building; medical office building; medical facility (ie physical therapy, assisted living, or rehabilitation center) with immediate proximity to the hospital; mixed-use retail, including restaurants. The building is being demoed and land will be cleared of rubble before the sale.

PROPERTY FACTS

Sale Type: Investment

Property Type: Land

Price: $4,900,000

Land Acres: 5.9 AC

Zoning: GC

Opportunity Zone: Yes

AMENITIES

Bus Line
Town water
Town sewer