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Investment Highlights

  • ±3.71 acres commercial development site
  • Approximately 30,800 SF concrete building slab remaining
  • Utilities available to the site (water, sewer, electric, gas)
  • Zoned B-3 General Business District with a small portion zoned R-3
  • Approximately 80,000 SF of existing asphalt parking and access drives
  • Located minutes from Downtown Christiansburg, Virginia Tech, and Interstate 81

Property Facts

Price $2,740,000 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
Total Lot Size 3.80 AC
Zoning B3 - Zoned B-3 General Business District with a small portion zoned R-3

1 Lot Available

Lot

Price $2,740,000 CAD
Price Per AC $721,052.63 CAD
Lot Size 3.80 AC

• ±3.71 acres commercial development site• Zoned B-3 General Business District with a small portion zoned R-3• Approximately 30,800 SF concrete building slab remaining• Approximately 60,000 SF of existing asphalt parking and access drives• Utilities

Description

±3.71 Acres Redevelopment Opportunity | Existing Slab & Paved Parking | Christiansburg, VA Elliott Inc. is pleased to present a rare commercial redevelopment opportunity at 510 Roanoke Street in Christiansburg, Virginia. The property consists of approximately 3.71 acres of commercially zoned land positioned along one of the primary commercial corridors serving the New River Valley. The site previously supported a ±30,800 square foot retail building and now offers existing site improvements including a concrete building slab and extensive asphalt parking, creating a flexible redevelopment opportunity for retail, medical, institutional, or mixed commercial uses. With strong frontage and visibility along Roanoke Street (US-460 Business) and convenient access to I-81, the property benefits from excellent connectivity to Blacksburg, Radford, and the greater New River Valley market. This property offers developers the ability to repurpose existing site improvements or redevelop the site entirely, depending on their project requirements.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
020209
Land Assessment
$804,857 CAD
Improvements Assessment
$893,230 CAD
Total Assessment
$1,698,087 CAD
  • Listing ID: 39785751

  • Date on Market: 2026-03-15

  • Last Updated:

  • Address: 510 Roanoke St, Christiansburg, VA 24073

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