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    3339 King St NE | Roanoke Roanoke, VA 24012

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    For Sale
    $425,000

    6.5+ acres of RMF zoned land ready for development.

    Source: Tcnworldwide

    Listing Agent: Stephen Pendergrass, Sior, Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Land Near Assisted Living

    This property offers over 6.5 acres of land suitable for development. It is located next to an assisted living facility on King St, just off HWY 460. The property benefits from convenient access to major thoroughfares, including Hwy 460 and I-81. Its location provides access to both the City of Roanoke and Roanoke County. The zoning is RMF.
    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 Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.889833
    Latitude
    37.2983226

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    FAQs

    What type of property is this?
    Residential land & home lot - 6.5+ acres of RMF zoned land ready for development.
    Where is this residential land & home lot located?
    The property is located at 3339 King St NE | Roanoke Roanoke, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Over 6.5 acres of land ready for development.; - Superior location next door to an assisted living facility.; - Convenient access to Hwy 460 & I-81.
    (540) 520-3085
    Request Owner's contact information
    3339 King St NE | Roanoke Roanoke, VA 24012
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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
    3339 King St NE | Roanoke Roanoke, VA 24012
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