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2890-2910 N Franklin St
Christiansburg, VA 24073
Land For Sale
·
2.46 AC


Investment Highlights
- Prime development opportunity in the heart of Christiansburg
- Easy access to major highways including Peppers Ferry Road and US 460
Executive Summary
Offered By Thomas Turner, CCIM, SIOR, and Gavin Hollingsworth with Hall Associates, Inc - Prime development opportunity in the heart of Christiansburg, Virginia. 2890 & 2910 N Franklin St, two parcels with approximately 2.456 AC located on bustling N Franklin St/Business 460. This site is zoned General Business District B3. The B3 District encompasses a wide variety of commercial uses including retail stores, banks, theaters, business offices, restaurants, garage, and service stations.
The property is in a thriving commercial neighborhood. Nearby retail includes major national brands such as Starbucks, KFC, Panera Bread, Burger King, Arby’s, Taco Bell, Hardee’s, Harbor Freight, Verizon, and more! It is across the street from the newly revamped Marketplace Shopping Center and close to the region’s New River Valley Mall.
The site has easy access to major highways including Peppers Ferry Road and US 460, ensuring seamless connectivity and increasing customer reach. Direct access to the property is at a signalized intersection at the front of the property at North Franklin Street and Arbor Road.
The Town of Christiansburg is located in Southwest Virginia and is known as the regional retail hub of the New River Valley, Christiansburg is adjacent to Blacksburg, which is home to Virginia Tech. Virginia Tech is one of Virginia’s largest university and a leading research university. The 2024 enrollment at VT was approximately 38,000. The student population in the area is also enhanced by Radford University. The population within 5 miles of this site is more than 65,000 which provides a strong base for retail and service businesses.
The property is in a thriving commercial neighborhood. Nearby retail includes major national brands such as Starbucks, KFC, Panera Bread, Burger King, Arby’s, Taco Bell, Hardee’s, Harbor Freight, Verizon, and more! It is across the street from the newly revamped Marketplace Shopping Center and close to the region’s New River Valley Mall.
The site has easy access to major highways including Peppers Ferry Road and US 460, ensuring seamless connectivity and increasing customer reach. Direct access to the property is at a signalized intersection at the front of the property at North Franklin Street and Arbor Road.
The Town of Christiansburg is located in Southwest Virginia and is known as the regional retail hub of the New River Valley, Christiansburg is adjacent to Blacksburg, which is home to Virginia Tech. Virginia Tech is one of Virginia’s largest university and a leading research university. The 2024 enrollment at VT was approximately 38,000. The student population in the area is also enhanced by Radford University. The population within 5 miles of this site is more than 65,000 which provides a strong base for retail and service businesses.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.46 AC |
| Property Type | Land | ||
| Zoning | B-3 - General Business District | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.46 AC |
| Zoning | B-3 - General Business District |
1 Lot Available
Lot
| Price | $3,684,215 CAD | Lot Size | 2.46 AC |
| Price Per AC | $1,497,648.57 CAD |
| Price | $3,684,215 CAD |
| Price Per AC | $1,497,648.57 CAD |
| Lot Size | 2.46 AC |
Two parcels totaling 2.456 acres. Zoned B-3.
Property Taxes
| Parcel Numbers | Improvements Assessment | $780,141 CAD | |
| Land Assessment | $770,250 CAD | Total Assessment | $1,550,392 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$770,250 CAD
Improvements Assessment
$780,141 CAD
Total Assessment
$1,550,392 CAD
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