Mixed-Use Property with Corner
New
For Sale
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3312 Cove Rd, Roanoke, VA 24017
Multi-tenant improvements and an adjoining parcel accommodate current occupancy, expansion, or redevelopment plans.
Property Size3,234 SF
Price / SF$262.83
Days on Market5
Property Features for 3312 Cove Rd
General Information
Standard status
Active
Size
3,234 SF
Property subtype
Mixed Use
Zoning
CG
Investment Type
Owner/User
Building Details
Year Built
1952
Buildings
1
Listing Agency:
Investors Real Estate Partners
(540) 342-0800
Listed By:
Jason Fountain · License #0225077081
Source:
Crexi
Added: Aug 7
Changed: Aug 11
Last Checked: Aug 11 at 5:32AM
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
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
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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 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
