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Commercial Outparcel Land

3433 Ferncliff Ave NW, Roanoke, VA 24017

For Sale
New
Contact for pricing

Three commercial parcels are offered alongside grocery-anchored retail space.

Property Size1 SF
Lot Size1.00 Acre
Price / SF$650,000
Days on Market7

Property Features for 3433 Ferncliff Ave NW

General Information

Standard status Active
Size 1 SF
Lot size 1.00 Acre
Property subtype LAND
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Will Henritze
Source: Moodyscre
Added: Nov 3 Changed: Nov 9 Last Checked: Nov 8 at 4:10AM

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 Poe & Cronk Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

Three 1-acre commercial outparcels are available at 3433 Ferncliff Ave NW. Retail space is also offered, including four 1,200-square-foot suites and a 7,921-square-foot space next to an anchor tenant.

The property has a new Food Lion grocery anchor and a Big Lots co-anchor. Reported traffic is 23,000+ vehicles per day, with immediate access to I-581. Surface parking is available.

Key Highlights

  • Three commercial outparcels, each 1 acre
  • Four retail suites of 1,200 SF each are also available
  • 7,921 SF space adjacent to an anchor tenant

Property Analytics

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Current Use

Trinty Family Church Church Kingdom Harvest Church ... Church

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Barber Shop Garden Center Accounting Firm

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

332
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Roanoke

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Three commercial parcels are offered alongside grocery-anchored retail space.
Where is this commercial land located?
The property is located at 3433 Ferncliff Ave NW 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: Three commercial outparcels, each 1 acre; Four retail suites of 1,200 SF each are also available; 7,921 SF space adjacent to an anchor tenant
(540) 354-0798 · Office Call to check price and availability
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