Three-Lot Commercial
For Sale
$1,500,000
4026 Melrose Ave Nw, Roanoke, VA 24017
Three-lot offering with parking and reported traffic moving in both directions each hour.
Property SizeContact for details
Days on Market44
Property Features for 4026 Melrose Ave Nw
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$3,494
Listing Agency:
PALMER REALTY GROUP LLC
(540) 556-4815
Listed By:
TIMOTHY C SIMMONS
(540) 556-4815
Source:
Exprealty
Added: Jun 23
Changed: Aug 3
Last Checked: Aug 3 at 6:00AM
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 PALMER REALTY GROUP LLC
Investment Insights
Based on property information with market context.
This commercial land offering comprises three lots in Roanoke, Virginia, with parking included. The property is located at 4026 Melrose Ave Nw and is presented as a potential site for future commercial development, including a gas station or restaurant concept.
Traffic is reported at approximately 400 cars traveling east and west every hour. The property information also notes no competition for several blocks, although specific zoning, utilities, and development approvals are not provided.
Traffic is reported at approximately 400 cars traveling east and west every hour. The property information also notes no competition for several blocks, although specific zoning, utilities, and development approvals are not provided.
Key Highlights
- Three commercial lots included in the offering
- Approximately 400 cars travel east and west every hour
- Parking included with the property
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
255
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Three-lot offering with parking and reported traffic moving in both directions each hour.
Where is this commercial land located?
The property is located at 4026 Melrose Ave Nw Roanoke, VA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Three commercial lots included in the offering; Approximately 400 cars travel east and west every hour; Parking included with the property
