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Commercial Land with Retail Frontage
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5301 Bernard Drive, Roanoke, VA 24018

Commercial land with Electric Road frontage and an eastbound left-turn access point.

Space SizeContact for details
Days on Market398

Property Features for 5301 Bernard Drive

General Information

Standard status Active
Property subtype Retail, Land

Building Details

Tenancy Multiple

Spaces For Lease

at 5301 Bernard Drive Contact us

Available Space

Type
Land, Retail
Availability
Active
Contact us
Listing Agency: Segall Group
Listed By: Trey Blankinship · License #VA 0225255381
Source: Crexi
Added: Jul 30, 2025 Changed: Aug 29 Last Checked: Aug 29 at 6:21PM

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 Segall Group

Investment Insights

Based on property information with market context.

This 0.31-acre commercial land offering is positioned for development along Electric Road in Roanoke. The compact site benefits from frontage on a highly traveled commercial corridor, with a median break that supports eastbound left turns. Additional acreage may be available, potentially expanding the development footprint and connecting with existing adjacent parking.

Traffic exposure is supported by approximately 27,000 vehicles passing the site daily. Tanglewood Mall is located nearby, while established office complexes and medical facilities surround the property. Average household income exceeds $115,000 within one mile, providing additional context for the surrounding retail corridor.

Key Highlights

  • 0.31‑acre commercial land development site
  • Electric Road frontage with a median break for eastbound left turns
  • Approximately 27,000 daily vehicles pass the site

Property Analytics

Current Use

Commercial land

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,405
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with Electric Road frontage and an eastbound left-turn access point.
Where is this commercial land located?
The property is located at 5301 Bernard Drive Roanoke, VA.
What are key features of this property?
This property features: 0.31‑acre commercial land development site; Electric Road frontage with a median break for eastbound left turns; Approximately 27,000 daily vehicles pass the site
(804) 516-1205 Call to check price and availability
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