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$ 8,700,000
Est. payment /mo
Active
TBD N Main ST Blacksburg, VA 24060
2,526,480 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,526,480 sqft
Price per Sqft $3
MLS Listing ID 424550
Annual Tax Amount $11,725
Tax Year 2024
Lot Size 58.000 Acres
Property Sub-Type Land
Property Description
FOR SALE – DEVELOPMENT LAND WITH BY-RIGHT DENSITY GIVENS VILLAGE | BLACKSBURG, VA 58.04 Acres | Newly Zoned for Small-Lot Housing | $8,700,000 Premier 58-acre site in Blacksburg now zoned under Ordinance 2053 for small-lot development—enabling townhomes, duplexes, and cottages by right with no public hearings required. Located along North Main Street near Virginia Tech, the property allows 3,000 ft² lots, alley-loaded attached housing, and up to 2.5 stories. Rezoning supports walkable communities with 10–15% open space, sidewalks, and neighborhood-scale design. Ideal for phased development with strong demand for “missing middle” housing. Close to schools, parks, transit, and the university. Fully entitled and ready for immediate planning and buildout. Offered at $8.7M.
Location
State VA
County Montgomery
Area Blacksburg (In Town Limits)
Zoning Residential 4
Exterior
Utilities Available Electricity, Public Water
Schools
Elementary Schools Gilbert Linkous
Middle Schools Blacksburg
High Schools Blacksburg
School District Montgomery County
Listed by Coldwell Banker Townside Bburg
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