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2602 Sheffield dr
Blacksburg, VA 24060
Sheffield Drive Retail or Office Lot · Land For Sale
·
0.58 AC
Investment Highlights
- Size: .584 acres (approximately 25,408 square feet)
- Location: Positioned directly on a high-traffic road, ensuring excellent exposure and accessibility
- Zoning: PR (Planned Residential) - Ideal for residential development, retail mixed-use, or specialized commercial applications
- Visibility: Prime location with high visibility and significant daily traffic, perfect for attracting attention and driving customer engagement
Executive Summary
This parcel offers a unique opportunity for businesses or investors to establish a dedicated retail or office presence in a growing area. With zoning supportive of medical office or retail development, you can create a space that meets the current demand for professional services. Its prime location and clear development pathway make it a smart choice for building value and stability. Previously in an HOA restricting to office or medical office development, new ownership allows for general commercial uses.
Property Facts
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Retail |
| Property Type | Land | Total Lot Size | 0.58 AC |
| Zoning | PR - Planned Residential, retail, office allowed with approval, no further HOA restrictions | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.58 AC |
| Zoning | PR - Planned Residential, retail, office allowed with approval, no further HOA restrictions |
1 Lot Available
Lot
| Price | $379,000 | Lot Size | 0.58 AC |
| Price Per AC | $653,448.28 |
| Price | $379,000 |
| Price Per AC | $653,448.28 |
| Lot Size | 0.58 AC |
584-acre commercial land parcel, zoned PR (Planned Residential), suitable for retail, residential and mixed-use development. Although zoned PR (Planned Residential), this 0.584-acre parcel is in compliance as retail, office or other commercial uses.
Description
Discover the potential of this .584-acre commercial land parcel, offering a versatile opportunity for various uses. With PR (Planned Residential) zoning released from HOA, this property opens the door to a range of development possibilities, from residential to mixed-use projects.
Property Taxes
| Parcel Number | 027315 | Improvements Assessment | $0 |
| Land Assessment | $254,400 | Total Assessment | $254,400 |
Property Taxes
Parcel Number
027315
Land Assessment
$254,400
Improvements Assessment
$0
Total Assessment
$254,400
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