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, RadfordUniversity, the Corporate Research Center, and Radford Army Ammunition Plant. The region continues to experience steady population growth andhousing demand with limited available development land. Excellent location for single-family, townhome, or build-to-rent communities. Public utilitiesavailable. Rare opportunity to invest in one of the New River Valley's most active grow growth corridors. The proposed concept plan would allow 168+ single family and townhouse style homes and still have an abundance of open space available
Vacant landProperty Type
84.72 acresLot Size
$93,839Price/Acres
Listed by NANCY PAGE• PAGE & ASSOCIATES REAL ESTATE
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.
MLSRV #926027
Mar 30, 2026
Listed
$7,950,000
NRVMLS #424886
Aug 1, 2025
Listed
$350,000
NRVMLS #424883
Aug 1, 2025
Listed
$250,000
NRVMLS #415691
Oct 10, 2022
Sold
$85,000
Aug 31, 2022
Pending
—
Aug 23, 2022
Price Changed
$94,500
Jul 20, 2022
Relisted
—
Jul 7, 2022
Pending
—
Jun 28, 2022
Listed
$100,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Montgomery County
APN
119A8C
Parking Spaces
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Basement
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Accessible
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Last updated by owner on Jul 29, 2026.
A
FP
Agricultural District
The primary purpose of this district is the protection of agricultural operations in portions of the town appropriate for such uses and in general to prohibit those uses which would be incompatible with agriculture. At the same time the district would provide for rural low-density residence and certain public and semi-public uses in a spacious environment. While land use in the district is generally rural, it is nevertheless located near urban development and where urban services can be extended at the appropriate time. Therefore permanent preservation of agriculture is not intended and certain more intensive agricultural uses would be permitted only by conditional use permit.
Zone overlays
Floodplain District
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Housing-Single unit
Housing-Senior
Public service
Educational/school
Fire house
Police station
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for TBD Riner Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $317,000 and $1,120,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $317K to $1.1M.