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.
| Mls #: | 426770 |
|---|---|
| Asking Price: | $7,950,000 |
| Property Type: | Land |
| Type: | Land |
| Status: | Active |
| Taxes: | $10,613 |
| # Of Acres: | 84.72 |
| City: | Christiansburg |
| County: | Montgomery |
| ZIP: | 24073 |
| Area: | Christiansburg (in Town Limits) |
| Address: | TBD Riner Road |
| Price Per Sqft: | $93,838.53 |
| High School: | Christiansburg |
| School District: | Montgomery County |
| Tax Year: | 2026 |
| Land Info Road Frontage: | 1320 |
| Elementary School: | Christiansburg |
| Middle School: | Christiansburg |
| Auction?: | No |
| Land Info Land Use: | No |
| Zoning: | Agricultural |
| Virtual Tour: | https://youtu.be/Tg2lEVzKw-w |
| Access Transport: | City Maintained Rd, Interstate |
| Best Use: | Res/Multi-Family, Res/Single Family |
| Bldgs On Property: | House, Other - See Remarks |
| Location: | Rural |
| Miscellaneous: | Fencing-Partial, Pasture Land, Suitable for Horses |
| Sale Options/Finance: | None |
| Topography: | Pond, Rolling |
| Type Of Property: | Res/Multi-Family, Res/Single Family, Undeveloped |
| Utilities: | Public Water, Sewer Available |
| Directions: | Riner Road/Route 8, property is on the right just past Flanagan Drive. |
Listing Courtesy of: Page & Assoc. Real Estate
Listing Agent: Nancy Page
540-392-9505
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© 2026 New River Valley Association of REALTORS®.
New River Valley Association of REALTORS® data last updated on October 08, 2026 06:26 PM - ET.
Property Last Updated: October 08, 2026 06:26 PM - ET
