Mixed-Use Property with Corner
For Sale
$850,000
3312 Cove Rd Nw, Roanoke, VA 24017
Multi-tenant improvements and an adjoining parcel accommodate current occupancy, expansion, or redevelopment plans.
Property SizeContact for details
Days on Market20
Property Features for 3312 Cove Rd Nw
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$4,365
Listing Agency:
INVESTORS REAL ESTATE PARTNERS LLC
(540) 444-4737
Listed By:
JASON NOEL FOUNTAIN · License #0225277798
(540) 444-4737
Source:
Exprealty
Added: Aug 7
Changed: Aug 23
Last Checked: Aug 25 at 10:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INVESTORS REAL ESTATE PARTNERS LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines a ±3,234 SF multi-tenant building with a separate corner parcel, totaling ±0.92 acres across two parcels. The primary tract contains the building and measures ±0.7044 acres; the adjoining parcel contributes ±0.2162 acres. CG zoning applies to the building site, and the improvements date to 1952.
The property occupies the signalized intersection of Cove Rd and Hershberger Rd in Roanoke. It is positioned across from Home Depot, Sportsman's Warehouse, and Schewels Home Furniture within a retail corridor described as one of the city's busiest. The existing building provides multiple suites, while the additional corner land creates flexibility for expansion or ground-up redevelopment.
The property occupies the signalized intersection of Cove Rd and Hershberger Rd in Roanoke. It is positioned across from Home Depot, Sportsman's Warehouse, and Schewels Home Furniture within a retail corridor described as one of the city's busiest. The existing building provides multiple suites, while the additional corner land creates flexibility for expansion or ground-up redevelopment.
Key Highlights
- ±0.92 acres across two parcels
- ±3,234 SF multi‑tenant building
- Adjoining ±0.2162‑acre corner parcel
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 24017, VA
23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-tenant improvements and an adjoining parcel accommodate current occupancy, expansion, or redevelopment plans.
Where is this mixed-use property located?
The property is located at 3312 Cove Rd Nw Roanoke, VA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: ±0.92 acres across two parcels; ±3,234 SF multi‑tenant building; Adjoining ±0.2162‑acre corner parcel
