5.12 Acres Mixed-Use
For Sale
$850,000
4004 Challenger Ave, Roanoke, VA 24012
5.12 acres with C-1 and R-3 zoning near Kroger.
Property Size5 SF
Price / SF$170,000
Days on Market322
Property Features for 4004 Challenger Ave
General Information
Standard status
Active
Size
5 SF
Property subtype
Land
Listing Agency:
Poe & Cronk Real Estate
(540) 353-3646
Listed By:
Thom Hubard, CCIM · License #VA #0225020834
(540) 353-3646
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Jul 16 at 5:51AM
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
Investment Insights
Based on property information with market context.
This 5.12-acre property is available for purchase. It features 1.41 acres zoned C-1 for office use and 3.71 acres zoned for multifamily R-3. The site benefits from public water access in front of the property. Public sewer access is located down the road and across the street. The property has over 550 feet of road frontage and is situated close to a traffic light. It is located east of Roanoke on Challenger Avenue/460, directly across from the Kroger Center.
Key Highlights
- 5.12 acres with mixed zoning (C‑1 and R‑3) offering diverse development potential.
- High road frontage (over 550 feet) providing excellent visibility and access.**
- Strategic location east of Roanoke on Challenger Ave/460, near a traffic light.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Explore this area
Business Placement
Demographics for 24012, VA
30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 5.12 acres with C-1 and R-3 zoning near Kroger.
Where is this land located?
The property is located at 4004 Challenger Ave 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: 5.12 acres with mixed zoning (C‑1 and R‑3) offering diverse development potential.; High road frontage (over 550 feet) providing excellent visibility and access.**; Strategic location east of Roanoke on Challenger Ave/460, near a traffic light.
