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Cleared Residential Development Lot
For Sale
$150,000

Walnut Ave SE, Roanoke, VA 24014

LAND - Roanoke, VA

Lot Size0.17 Acres
Days on Market337

Property Features for Walnut Ave SE

General Information

Property type Land
Property subtype Other
Subdivision Walnut Hill
Lot features Gentle Sloping, Gentle Sloping
View City
Elementary school Crystal Spring
Middle school James Madison
High school Patrick Henry
Directions Jefferson St to Walnut toward Mill Mountain. Lot on the right just before at the corner of Ivy Street and is accessible from the alley.
Standard status Active
APN 4041005
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 1010

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: LONG & FOSTER - ROANOKE OFFICE
Listed By: SUSAN BAILEY
Added: Aug 29, 2025 Changed: Jul 21 Last Checked: Jul 31 at 1:06AM
MLS# 920513

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 a cleared residential lot with alley access, positioned for development under City of Roanoke zoning. The property is identified as residential mixed-density RM-1, which allows for a mix of housing choices including single-family, two-family, townhouse, and multifamily dwellings.

The lot is located in Roanoke, VA 24014, with proximity to the Greenway, Blue Ridge Parkway, and bike trails noted in the remarks. Views of Mill Mountain and Downtown Roanoke, along with sunrise and sunset views, are also described. Carilion Roanoke Memorial is listed as being nearby.

With its cleared status and RM-1 mixed-density zoning, the site is suitable for residential development aligned with the housing types permitted under the RM-1 designation.

Key Highlights

  • Cleared lot in a desirable Roanoke neighborhood
  • Zoned RM‑1 allowing for single‑family, two‑family, townhouse, and multifamily dwellings
  • Walking distance to Greenway, Blue Ridge Parkway, and Bike Trails

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

1,942
Businesses Nearby

Demographics for 24014, VA

16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Cleared residential lot with alley access, zoned RM-1 Residential Mixed-Density in the City of Roanoke.
Where is this residential land & home lot located?
The property is located at Walnut Ave SE Roanoke, VA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Cleared lot in a desirable Roanoke neighborhood; Zoned RM‑1 allowing for single‑family, two‑family, townhouse, and multifamily dwellings; Walking distance to Greenway, Blue Ridge Parkway, and Bike Trails
More about this property
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