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Executive Summary

Prime residential development opportunity located at Exit 114 off I-81 in Christiansburg, Montgomery County. This strategically positioned property offers immediate interstate access with traffic counts exceeding 60,000 vehicles per day and strong visibility. Ideally situated between Blacksburg, Radford, and Christiansburg, the site is supported by major employment and education drivers including Virginia Tech, Radford University, the Corporate Research Center, and Radford Army Ammunition Plant. The region continues to experience steady population growth and housing demand with limited available development land. Excellent location for single-family, townhome, or build-to-rent communities. Public utilities available. Rare opportunity to invest in one of the New River Valley’s most active growth corridors. The proposed concept plan would allow 168+ single family and townhouse style homes and still have an abundance of open space available.

Attachments

Riner Road OM

Property Facts

Price $7,950,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 84.72 AC
Zoning AG

1 Lot Available

Lot

Price $7,950,000
Price Per AC $93,838.53
Lot Size 84.72 AC

7 parcels

Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 39936450

  • Date on Market: 3/27/2026

  • Last Updated:

  • Address: 0 Riner Road, Christiansburg, VA 24073

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