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Lee Hwy - Tract 1 and Tract 2

2.32 Acres of Commercial Land Offered at $649,750 in Radford, VA 24141

Investment Highlights

  • High Visibility and Traffic Count
  • Main Artery near lighted intersection
  • 498 ft Road Frontage

Executive Summary

Pad ready and graded 2.35 acres with frontage on University Park Drive and Lee Highway. Zoned Commercial District (CM-1) the potential for this property is almost limitless. This is the main artery between Radford, Dublin and Pulaski. With an influx of new construction and business development that surround this parcel the opportunity is excellent for an investor. With an average daily traffic count of 26,000 the visibility is excellent. The location is just down from a lighted intersection so access will be convenient. The variety of businesses in this area will be an asset to this location no matter the business model. Perfect for offices, service or retail.

Property Facts

Price $649,750
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.32 AC

1 Lot Available

Lot 1 and 2

Price $649,750
Price Per AC $280,065
Lot Size 2.32 AC

Pad ready and graded location with high visibility along the main artery between Radford, Dublin and Pulaski with an influx of new construction and business development. 498 ft road frontage. Average daily traffic count of more than 26,000.

Description

Undeveloped land near the Radford University in an area surrounded by new development. Seller retains the rights for an easement for a future sign at the corner of Lee Highway and University park Drive.

zoning

Zoning Code CM-1
CM-1
  • Listing ID: 20289862

  • Date on Market: 7/15/2020

  • Last Updated:

  • Address: Lee Hwy, Radford, VA 24141

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