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Roanoke Land Development Opportunity
For Sale
$750,000

Manning Rd NE, Roanoke, VA 24012

LAND - Roanoke, VA

Property SizeContact for details
Lot Size10.33 Acres
Days on Market139

Property Features for Manning Rd NE

General Information

Property type Land
Property subtype Other
Zoning R5
Lot features Level, Varied, Level, Varied
View City
Elementary school Monterey
Middle school Lucy Addison
High school William Fleming
Directions 20th ST from Orange Ave/460 to signs on right after Manning and before Masons Mill or right on Manning to property on left.
Subdivision 0150 - City of Roanoke - NE
Standard status Active
APN 7170402, 3240317
Lot size 10.33 Acres

Taxes and HOA fees

Tax Annual Amount 2144
Listing Agency: WAINWRIGHT & CO., REALTORS(R)- LAKE
Listed By: TREVOR M NORFORD
Added: Apr 16 Changed: Jun 10 Last Checked: Sep 1 at 1:06PM
MLS# 926611

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.

Investment Insights

Based on property information with market context.

This property presents an exceptional development opportunity in Roanoke City, featuring two adjacent parcels totaling over 10 acres. The site offers scale, flexibility, and significant upside potential. Currently zoned R-5, the properties present a compelling opportunity for rezoning to RMF (Residential Multi-Family), unlocking the potential for higher-density residential development. The size and configuration of the contiguous land is ideally suited for apartment complexes, townhome communities, or other dense residential projects. This provides the ability to thoughtfully design a multi-phase development, maximize unit count, and incorporate amenities. Positioned within Roanoke City limits, the property benefits from proximity to employment centers, healthcare, retail, and major transportation routes. The surrounding area continues to see growth and redevelopment, making this an ideal location for forward-thinking investors and developers. This property offers the rare combination of acreage, location, and rezoning potential. Opportunities of this size and flexibility within the city are limited.

Key Highlights

  • Over 10 acres of contiguous land in Roanoke City, offering significant scale for development.
  • Zoned R‑5 with potential for rezoning to RMF (Residential Multi‑Family) to allow for higher‑density residential development.
  • Ideal location within Roanoke City limits, close to employment centers, healthcare, retail, and major transportation routes.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby

Demographics for 24012, VA

30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Over 10 acres in Roanoke City, ideal for development.
Where is this residential land & home lot located?
The property is located at Manning Rd NE Roanoke, VA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Over 10 acres of contiguous land in Roanoke City, offering significant scale for development.; Zoned R‑5 with potential for rezoning to RMF (Residential Multi‑Family) to allow for higher‑density residential development.; Ideal location within Roanoke City limits, close to employment centers, healthcare, retail, and major transportation routes.
More about this property
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