Commercial Land
For Sale
$299,999
3502 Melrose Ave Nw, Roanoke, VA 24017
Three adjoining parcels combine vacant commercial land with a former car wash building along a neighborhood retail corridor.
Property SizeContact for details
Days on Market13
Property Features for 3502 Melrose Ave Nw
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$2,861
Listing Agency:
INVESTORS REAL ESTATE PARTNERS LLC
(540) 444-4737
Listed By:
WILLIAM MCGUIRE FARMER
(540) 739-4446
Source:
Exprealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 30 at 8:11PM
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
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Investment Insights
Based on property information with market context.
Three connected commercial parcels comprise approximately 1.44 acres at Melrose Avenue NW and 36th Street NW in northwest Roanoke. One parcel contains a vacant, single-story building of approximately 3,500 SF, constructed in 1974 for use as an automatic car wash. The other two parcels are vacant land. All three parcels carry CN, Commercial-Neighborhood zoning.
The property has approximately 265 feet of frontage on Melrose Avenue, a divided four-lane commercial corridor with retail, service, and automotive uses. Established residential neighborhoods surround the corridor. The site is close to I-581, the airport, Valley View Mall, and downtown Roanoke.
The property has approximately 265 feet of frontage on Melrose Avenue, a divided four-lane commercial corridor with retail, service, and automotive uses. Established residential neighborhoods surround the corridor. The site is close to I-581, the airport, Valley View Mall, and downtown Roanoke.
Key Highlights
- Three contiguous parcels total approximately 1.44 acres
- Approximately 265 feet of frontage on Melrose Avenue NW at 36th Street NW
- All three parcels are zoned CN, Commercial‑Neighborhood
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
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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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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Three adjoining parcels combine vacant commercial land with a former car wash building along a neighborhood retail corridor.
Where is this commercial land located?
The property is located at 3502 Melrose Ave Nw Roanoke, VA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Three contiguous parcels total approximately 1.44 acres; Approximately 265 feet of frontage on Melrose Avenue NW at 36th Street NW; All three parcels are zoned CN, Commercial‑Neighborhood
