Panorama Ave NW Roanoke, VA 24017

Listing agent KERMIT JOHNSON Show Phone

Listing office WAINWRIGHT & CO., REALTORS(R)- LAKE a***@wainwrightco.com 16503 BOOKER T WASHINGTON HWY, Salem, VA Show Phone

Listing date Dec 8, 2025

Report an issue

MLS# 923275 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.

---

Investment Insights

Based on property information with market context.

This offering is for an oversized, buildable residential lot well suited to multi-family investment planning. The property is located in an RM-2 zoning area where other duplexes exist, making it a practical fit for an owner looking to add to a rental portfolio or start a new one. Water and sewer are available, with hook-up being the buyer’s responsibility.

Situated in the City of Roanoke on Panorama Ave NW, the lot offers room to design and site a new improvement on a property size of 1.61 acres. The seller encourages buyers to ask about multiple property purchase options.

For investors or owner-operators, this lot provides an opportunity to build within a duplex-oriented environment under RM-2 zoning. Buyers who are prepared to manage the utility hook-up and the buildout can use the site to support a long-term rental strategy, taking advantage of the existing multi-family context and buildable character of the parcel.

Key Highlights

• Buildable lot suitable for adding to a duplex area or starting an investment portfolio
• Public water available; hookup is the buyer’s responsibility
• Public sewer available; hookup is the buyer’s responsibility

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $845,000

  Low-Rise Office Building

  Classic office building with private offices, collaborative areas, and a secure entry, offered with surface parking.

  5604 Starkey Rd, Roanoke, VA 24018

  View Details
• 

  $490,000

  4,645 SF

  Office Building with High Ceilings

  Leased office building with 12' ceilings and large storefront windows, updated in 2016, with ADA restrooms.

  414 9th St SE, Roanoke, VA 24013

  View Details
• 

  $299,999

  C-2 Retail/Office Building

  Updated C-2 building with parking, full bath, and flexible retail/office layout in Roanoke.

  4310 Brandon Ave SW, Roanoke, VA 24018

  View Details
• 

  $650,000

  Office Building with Separate Entrances

  Well-maintained office building with recent HVAC and roof updates, plus on-site parking for practical tenant access.

  356 Campbell Ave SW, Roanoke, VA 24016

  View Details
• 

  $1,300,000

  Medical Office Building with Mobile Shelving

  Medical office property with full build-out, two conference rooms, and paved parking for 28 vehicles.

  2118 Rosalind Ave SW, Roanoke, VA 24014

  View Details
• 

  $850,000

  Roanoke Commercial Land For Sale

  2.11 acres of commercial land with existing structures.

  2925-2941 Leslie Ln, Roanoke, VA 24018

  View Details
• 

  $349,000

  Well-Maintained Downtown Office Building

  Owner-occupied office building in downtown Roanoke, offering potential for an income-producing rental investment.

  1314 Maple Ave SW, Roanoke, VA 24016

  View Details
• 

  $650,000

  Iconic Golf Course For Sale

  Established golf course with night golf and development potential.

  6303 Williamson Rd, Roanoke, VA 24019

  View Details
• 

  $595,000

  Roanoke County Land For Sale

  2.23 acres of commercial land with development potential.

  5335 Airport Rd NW, Roanoke, VA 24012

  View Details
• 

  $349,950

  Updated Duplex with In-Law Suite

  Updated two-unit residence offers flexible layout with a separate basement entrance and a powered, heated 3-car garage.

  2502 WESTOVER Ave SW, Roanoke, VA 24015

  View Details
• 

  $1,300,000

  14,600 SF

  Peters Creek Road Commercial Property

  Commercial property with visibility and access on 1.27 acres.

  3783 Peters Creek Rd, Roanoke, VA 24018

  View Details
• 

  $299,000

  1,211 SF

  Side-by-Side Duplex in Roanoke

  Side-by-side duplex with two separate units and private entrances, suited for owner-occupants or rental income.

  1621 BRANDON AVE, ROANOKE, VA 24015

  View Details

FAQs

What type of property is this?

Land - Build a duplex or expand your portfolio on a sizable, buildable lot in an RM-2 area.

Where is this land located?

The property is located at Panorama Ave NW Roanoke, VA.

What is the asking price?

The asking price for this property is $34,500.

What are key features of this property?

This property features: Buildable lot suitable for adding to a duplex area or starting an investment portfolio; Public water available; hookup is the buyer’s responsibility; Public sewer available; hookup is the buyer’s responsibility