Level Commercial Land
For Sale
$1,000,000
5378 Franklin Road, Roanoke, VA 24014
Level parcel with a gravel road approach and on-site utility access, including an existing billboard on a year-to-year lease.
Property Size307,533 SF
Price / SF$3.25
Days on Market261
Property Features for 5378 Franklin Road
General Information
Standard status
Active
Size
307,533 SF
Property subtype
Land / Land (Acreage)
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$4,712
Amenities
Above Ground
0.0
Listing Agency:
MKB, REALTORS®
Listed By:
CHERYL HAM · License #0225002093
(540) 353-4262
Source:
Compass
Added: Dec 23, 2025
Changed: Sep 8
Last Checked: Sep 9 at 7:23PM
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 MKB, REALTORS®
Investment Insights
Based on property information with market context.
This commercial land offering totals 7.058 acres and is largely level, with a branch running through the property. The seller reports an old well on-site, along with an old corn crib, and there is also a wooded area that could be cleared. An existing billboard is located on the property and is leased year to year for $950 per year.
Access is available via a gravel road from 220 to Clearbrook Lane, with easy entry suggested on the Clearbrook Lane side. Gas and water are available from Clearbrook Road, and an electrical line runs through the property.
With utilities already present and multiple existing site features, the property provides a straightforward base for a variety of land-based uses that require reliable infrastructure access.
Access is available via a gravel road from 220 to Clearbrook Lane, with easy entry suggested on the Clearbrook Lane side. Gas and water are available from Clearbrook Road, and an electrical line runs through the property.
With utilities already present and multiple existing site features, the property provides a straightforward base for a variety of land-based uses that require reliable infrastructure access.
Key Highlights
- 7.058 acres of commercial land with level terrain and a branch running through the property
- Gravel road access via the Clearbrook Lane side for easy entry to the land
- Billboard on‑site is leased year to year for $950/year
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Explore this area
Business Placement
Demographics for 24014, VA
16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Level parcel with a gravel road approach and on-site utility access, including an existing billboard on a year-to-year lease.
Where is this commercial land located?
The property is located at 5378 Franklin Road Roanoke, VA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 7.058 acres of commercial land with level terrain and a branch running through the property; Gravel road access via the Clearbrook Lane side for easy entry to the land; Billboard on‑site is leased year to year for $950/year
