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.
Pending
$8,700,000
N Main St, Blacksburg, VA 24060
--beds
--baths
58Acres
Est.:
Unimproved Land
Built in ----
58 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 49 days
- on Zillow |
- 108 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: August 06, 2025 at 03:44pm
Listed by:
Steve Ayers 540-818-8880,
Coldwell Banker Townside Bburg,
Pat Graves 540-449-4959,
Coldwell Banker Townside Bburg
Source: New River Valley AOR,MLS#: 424550

Travel times
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 58 Acres
- Features: Res/Single Family, Pasture
- Topography: Cleared,Level,Rolling
Details
- Parcel number: 170245
- Zoning description: Residential 4
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Blacksburg
Financial & listing details
- Annual tax amount: $11,725
- Date on market: 6/27/2025
- Electric utility on property: Yes
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