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    Edgewood St SW Roanoke, VA 24015

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    For Sale
    $179,000

    Land suitable for apartment complex development in Roanoke, Virginia.

    Lot size:
    1.90 Acres

    Property Features for Edgewood St SW

    General Information

    Lot size
    1.90 Acres

    Source: Poe & Cronk Real Estate Group Agent Trent Weaver

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

    Overview

    Roanoke Land for Apartment Development

    Available for purchase are adjoining lots located off Brandon Ave in Roanoke, Virginia. The property consists of two lots: 1610212, which is 1.65 acres and zoned RMF, and 1610209, which is 0.25 acres and zoned R-7. This tract of land is a candidate for development of a new apartment complex.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.989156
    Latitude
    37.269709

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    FAQs

    What type of property is this?
    Land - Land suitable for apartment complex development in Roanoke, Virginia.
    Where is this land located?
    The property is located at Edgewood St SW Roanoke, VA.
    What is the asking price?
    The asking price for this property is $179,000.
    What are key features of this property?
    This property features: - 1.9 Acres Total Land Area; - Prime Location off Heavily Trafficked Brandon Ave; - Zoned for Multi-Family Residential (RMF and R-7)
    (540) 982-2444
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    Edgewood St SW Roanoke, VA 24015
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    Roanoke, VA 24015
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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
    Edgewood St SW Roanoke, VA 24015
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