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Investment Highlights

  • 50.9± assembled acres across 7 parcels
  • Single-family 2,500 SF residence included on adjacent parcel
  • Existing 48-bed assisted living facility

Executive Summary

Development Opportunity – 10535 Lee Hwy, Fincastle, VA 24090
- 50.9± assembled acres across 7 parcels
- Existing 48-bed assisted living facility
- Single-family 2,500 SF residence included on adjacent parcel
- Ideal for a campus-style senior housing development
- Located just minutes from I-81 Exit 156
- Approximately 10 minutes from the rapidly growing Daleville market
- Existing improvements offer immediate operational, income-producing, or adaptive reuse potential
Included Parcels:
- 10535 Lee Hwy, Fincastle, VA 24090 (Tax Map Parcel #75-116)
- 10591 Lee Hwy, Fincastle, VA 24090 (Tax Map Parcel #75(10)1A)
- Tax Map Parcel #75-114
- Tax Map Parcel #75-114A
- Tax Map Parcel #75(10)1B
- Tax Map Parcel #75(10)1C
- Tax Map Parcel #75(10)1D

Property Facts

Price $3,197,621 CAD
Price Per Bed $66,617 CAD
Sale Type Investment
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Centre
Building Class B
Lot Size 6.60 AC
Building Size 9,800 SF
No. Beds 48
No. Stories 1
Year Built 2000
Parking Ratio 2.55/1,000 SF
Zoning B2

Amenities

  • Wheelchair Accessible
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
75-116
Land Assessment
$137,248 CAD
Improvements Assessment
$555,357 CAD
Total Assessment
$692,605 CAD
  • Listing ID: 40739369

  • Date on Market: 2026-06-01

  • Last Updated:

  • Address: 10535 Lee Hwy, Fincastle, VA 24090

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