Daleville, VA — Poe & Cronk Real Estate Group announces the successful sale of 0 Market Ridge Lane, a 3.48-acre development site located along the rapidly growing HWY 220 corridor in Daleville, Virginia. The property sold for $1,680,000 ($482,759/acre).
The property is one of the few remaining undeveloped parcels in this highly sought-after commercial corridor and offers exceptional accessibility and visibility. The new owner plans to develop the site for medical use, complementing its existing professional medical center located directly across the street.
“Opportunities like this are becoming increasingly rare along the HWY 220 corridor,” said Stephen Pendergrass. “The fundamentals were already there, location, completed infrastructure, and growing demand. Medical use made sense for the site and fits well with how Daleville is developing.”
Stephen Pendergrass, CCIM, SIOR represented the seller in this transaction. Matt Huff, CCIM, SIOR and Jacob Quesinberry, SIOR of Poe & Cronk Real Estate Group represented the purchaser.
About Poe & Cronk
Poe & Cronk Real Estate Group specializes in commercial and residential real estate throughout the Roanoke Valley and surrounding regions, providing strategic guidance and market expertise to buyers, sellers, and developers.
