3518 Orange Ave NE, Roanoke, VA

Listing agent Gavin Hollingsworth License #0225233452

Listing office Hall Associates, Inc Show Phone

Listing date Mar 21, 2025

Source Moodyscre

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Overview

This 5.1-acre site is located in the heart of the Roanoke Valley, in the 3500 block of Orange Avenue. It presents a development opportunity within a retail and commercial corridor, near the Roanoke Centre for Industry & Technology (RCIT). The RCIT is home to companies including Advance Auto Parts, Bimbo Bakeries, Eaton, Elizabeth Arden, Fed Ex Ground, Orvis and Amazon. Residential development is also expanding in the area, with a 758-unit apartment complex having been approved. The Annual Average Daily Traffic count along Orange Avenue is approximately 38,000 vehicles per day. The current Roanoke City zoning is RM-2, which permits residential and some commercial uses. This parcel can be purchased with an adjoining 3.93 acres in an additional four parcels.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

• Map
• Local Demand

City

Roanoke

County

Salem

State

Virginia

Longitude

-79.8918

Latitude

37.3051

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FAQs

What type of property is this?

Land - 5.1 acre site in a vibrant retail and commercial corridor.

Where is this land located?

The property is located at 3518 Orange Ave NE Roanoke, VA.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Prime development opportunity in the heart of the Roanoke Valley.; Located in a vibrant retail and commercial corridor.; Close proximity to the Roanoke Centre for Industry & Technology (RCIT) and leading companies.