ONLINE COMMERCIAL REAL ESTATE AUCTION

8± Acres of Prime Commercial Development Land

Montgomery County, Virginia | US 460 Business

National Land Realty - Richmond, Casey Reynolds Managing Broker VA 0225217447 and the National Land Realty Auction Division, Joel King Director - VA 2907005046 is offering at online auction an exceptional 8± acres of prime commercial development land located within the Montgomery County Urban Development Area.

Property Overview:

Don’t miss this opportunity to acquire approximately 8± acres of prime commercial development land within the designated Montgomery County Urban.

Development Area.

Positioned directly adjacent to Lewis Gale Montgomery Regional Hospital on highly traveled US 460 Business, this property offers outstanding visibility, accessibility, and development potential. The property currently includes three residential homes and is ideally suited for redevelopment.

Potential Development Uses:

Potential uses include the following, subject to applicable zoning and approvals:

• Medical & Healthcare: Medical office buildings, healthcare-related facilities, physician practices, outpatient services, and assisted living.
• Residential: Multifamily housing, student housing, workforce housing, and urban residential communities.
• Commercial & Mixed-Use: Retail, hospitality, professional offices, mixed-use development, and other commercial ventures.

The property’s proximity to the region’s largest employers, medical facilities, educational institutions, and research centers creates exceptional opportunities for development and investment.

Online Auction Details:

Bidding Opens: Tuesday, December 8, 2026, at 11:00 AM ET

Bidding Begins Closing: Tuesday, December 15, 2026, at 3:00 PM ET

Buyer’s Premium: A 5% buyer’s premium applies to the purchase price.

Interested buyers are encouraged to review the available property information, complete their due diligence, and register to participate.

Don’t miss your opportunity to bid on this exceptional commercial development property!

Property & Auction Details - https://hibid.com/lot/327205729/8----acres-of-commercial-development-property

Broker & Auction Contacts

National Land Realty – Richmond

Casey Reynolds, Managing Broker

VA License: 0225217447

2920 W. Broad Street, Richmond, VA 23230

540-577-4249 | [email protected]

National Land Realty Auction Division

Joel King, Director of Auctions

VA License: 2907005046

[email protected]