Listing Agency: Poe & Cronk Real Estate t***@poecronk.com Show Phone

Listed By: Thom Hubard · License #VA 0225020834

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:28PM

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Investment Insights

Based on property information with market context.

This commercial land parcel is positioned at the intersection of Rt 419/Electric Road and Ogden Road in the Tanglewood area of Roanoke. The site includes 60 + parking spaces and occupies a corner location with a proposed traffic light.

The intersection carries 41,000 cars per day. The surrounding context includes various new residential developments and future county development identified as the Roanoke County Town Center.

Key Highlights

• Corner location at Rt 419/Electric Road and Ogden Road
• 60 + parking spaces
• 41,000 cars per day at the intersection

Property Analytics

Property Profile

Current Use

El Mezcal Restaurant

Suggested Use

Top Pick Auto Parts Store HVAC Service Auto Repair Shop Electrical Service Big Box & Wholesale Store Building Supply

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

1,395

Businesses Nearby

Explore this area Business Placement

Demographics for 24018, VA

39,144

Population

17,546

Households

2.2

Avg Household Size

45

Median Age

53%

College-Educated

96%

High-School Grad

42.8 sq mi

ZIP Area

915

Density / Sq Mi

$90,383

Median Household Income

$53,350

Median Earnings

$1,221

Median Rent

$327,600

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Corner commercial land near Ogden Road with proposed signal improvements and substantial existing parking.

Where is this commercial land located?

The property is located at 4065 Electric Road Roanoke, VA.

What are key features of this property?

This property features: Corner location at Rt 419/Electric Road and Ogden Road; 60 + parking spaces; 41,000 cars per day at the intersection