Listing Agency: Poe & Cronk Real Estate

Listed By: Trent Weaver · License #VA

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Apr 11 at 5:33PM

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Investment Insights

Based on property information with market context.

This commercial land tract offers a level site with two curb cuts along Franklin Road. The property was previously used as a motel, although it is not currently operating in that capacity.

The parcel is located directly across from Berglund Luxury Cars and the Wal-Mart Super Center in Roanoke, Virginia. The address is 5063 Franklin Rd, Roanoke, VA 24014.

Key Highlights

• Level commercial land tract
• Two curb cuts on Franklin Road
• Directly across from Berglund Luxury Cars

Property Analytics

Property Profile

Current Use

SUITES by TLOT Housing Complex

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Electrical Service Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

126

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Two curb cuts provide access from Franklin Road.

Where is this commercial land located?

The property is located at 5063 Franklin Rd SW Roanoke, VA.

What are key features of this property?

This property features: Level commercial land tract; Two curb cuts on Franklin Road; Directly across from Berglund Luxury Cars