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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.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Bank
  • Fast Food
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Storefront, Retail or Office
Total Lot Size 2.46 AC
Zoning B-3 - General Business District

1 Lot Available

Lot

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

Property Taxes

Parcel Numbers
Multiple
  • 002840
  • 002842
Land Assessment
$770,250 CAD
Improvements Assessment
$780,141 CAD
Total Assessment
$1,550,392 CAD
  • Listing ID: 35000729

  • Date on Market: 2025-03-03

  • Last Updated:

  • Address: 2890-2910 N Franklin St, Christiansburg, VA 24073

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