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    2941 Cove Rd Roanoke, VA 24017

    Sponsored
    Picture of Land at Cove Rd 2941, Roanoke, VA
    For Sale
    $89,000

    Undeveloped - Roanoke, VA

    Lot size:
    2.70 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 8 at 2:06 pm

    Property Features for 2941 Cove Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.70 Acres

    Building Details

    Architectural style
    Other

    Roanoke MC LLC (540) 208-6102 [email protected]

    Listing agent TEMIKA HUBBARD (540) 208-6102

    Listing date Jan 1, 2026

    MLS# 923643 Listing URL

    Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Roanoke, VA

    This listing comprises two lots, totaling almost 3 acres. Lot 1 consists of 2.7 acres, while Lot 2 has 0.2 acres. Lot 2 was acquired to provide direct access from Cove Road. The current zoning of the property allows for various development possibilities, including both multifamily and single-family residential uses. Ideally located within one of Roanoke's central neighborhoods, this location presents significant potential for residential development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.976183
    Latitude
    37.301883

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    FAQs

    What type of property is this?
    Land - Almost 3 acres of land suitable for residential development.
    Where is this land located?
    The property is located at 2941 Cove Rd Roanoke, VA.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: - Almost 3 acres comprised of 2 lots.; - Zoning allows for multifamily and single-family residential development.; - Ideally situated within one of Roanoke's heartbeat neighborhoods.
    (276) 685-3436
    Request Owner's contact information
    2941 Cove Rd Roanoke, VA 24017
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    Roanoke, VA 24017
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2941 Cove Rd Roanoke, VA 24017
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