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Prime Roanoke Valley Development Site
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3518 Orange Ave NE, Roanoke, VA

5.1 acre site in a vibrant retail and commercial corridor.

Property SizeContact for details
Lot Size5.10 Acres
Days on Market510

Property Features for 3518 Orange Ave NE

General Information

Standard status Active
Lot size 5.10 Acres
Property subtype LAND
Listing Agency: Hall Associates, Inc
Listed By: Gavin Hollingsworth · License #0225233452
Source: Moodyscre
Added: Mar 21, 2025 Changed: Aug 8 Last Checked: Aug 12 at 12:28PM

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 Hall Associates, Inc

Investment Insights

Based on property information with market context.

This 5.1-acre site is located in the heart of the Roanoke Valley, in the 3500 block of Orange Avenue. It presents a development opportunity within a retail and commercial corridor, near the Roanoke Centre for Industry & Technology (RCIT). The RCIT is home to companies including Advance Auto Parts, Bimbo Bakeries, Eaton, Elizabeth Arden, Fed Ex Ground, Orvis and Amazon. Residential development is also expanding in the area, with a 758-unit apartment complex having been approved. The Annual Average Daily Traffic count along Orange Avenue is approximately 38,000 vehicles per day. The current Roanoke City zoning is RM-2, which permits residential and some commercial uses. This parcel can be purchased with an adjoining 3.93 acres in an additional four parcels.

Key Highlights

  • Prime development opportunity in the heart of the Roanoke Valley.
  • Located in a vibrant retail and commercial corridor.
  • Close proximity to the Roanoke Centre for Industry & Technology (RCIT) and leading companies.

Property Analytics

Current Use

El Rodeo Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Spa & Massage Center Storage Facility

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

508
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - 5.1 acre site in a vibrant retail and commercial corridor.
Where is this land located?
The property is located at 3518 Orange Ave NE 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: Prime development opportunity in the heart of the Roanoke Valley.; Located in a vibrant retail and commercial corridor.; Close proximity to the Roanoke Centre for Industry & Technology (RCIT) and leading companies.
(540) 797-8250 Call to check price and availability
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