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XXX Peppers Ferry Blvd 20.6 Acres of Commercial Land Offered at $2,400,000 in Fairlawn, VA 24141
Investment Highlights
- 20.6± Acres Zoned Commercial (CM)
- Strong Traffic Counts
- Located near The River Course of Virginia Tech and new housing communities
- Outstanding frontage and visibility on Peppers Ferry Rd (Route 114)
- Convenient access to I-81 via Route 114 corridor
- Excellent site for retail, office, hospitality, or service development
Executive Summary
Property Facts
| Price | $2,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 20.60 AC |
| Property Type | Land | ||
| Zoning | Commercial (CM) - Zoned Commercial (CM) | ||
| Price | $2,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 20.60 AC |
| Zoning | Commercial (CM) - Zoned Commercial (CM) |
1 Lot Available
Lot
| Price | $2,400,000 | Lot Size | 20.60 AC |
| Price Per AC | $116,504.85 |
| Price | $2,400,000 |
| Price Per AC | $116,504.85 |
| Lot Size | 20.60 AC |
Cleared, gently rolling site with excellent frontage on Peppers Ferry Rd (Rt 114). Prime access, visibility, and flexibility for future commercial development in Pulaski County. Current Parcel is 21.719 Acres, but net available sale is 20.6 Acres +-
Description
Presenting a rare 20.6-acre Commercial (CM) zoned development opportunity along Peppers Ferry Road (Route 114) in Pulaski County, Virginia. This high-visibility property offers outstanding frontage, strong daily traffic counts, and convenient access to Interstate 81, Radford, Dublin, and the greater New River Valley. The site features gently rolling, mostly cleared terrain with multiple access options from Peppers Ferry Road and Visco Road. All major utilities are available, including Appalachian Power (electric), Atmos Energy (natural gas), and Pulaski County PSA water and sewer. Adjacent to Riverlawn Elementary School and minutes from The River Course of Virginia Tech, this property is surrounded by growing residential and commercial activity. Permitted CM zoning supports a wide range of commercial uses including retail, restaurants, offices, medical, hospitality, or services. Nearby major employers such as Virginia Tech, Radford University, Volvo Trucks North America, the Radford Army Ammunition Plant, and New River Valley Medical Center drive a strong regional economy and consistent population growth—creating excellent long-term potential for commercial investment and development. Offered at $2,400,000, this tract represents a well-located and adaptable commercial site ideal for 1031 exchange investors, developers, or end users seeking to establish a signature presence in one of Southwest Virginia’s most active corridors.
Property Taxes
| Parcel Number | 11278 | Improvements Assessment | $0 |
| Land Assessment | $488,700 | Total Assessment | $488,700 |
Property Taxes
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XXX Peppers Ferry Blvd
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