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Multi-Structure Commercial Property

5422 Franklin Rd Sw, Roanoke, VA 24014

For Sale
$340,000

Commercial-zoned site with a flexible main building, basement, and multiple outbuildings on 1.5 acres.

Property SizeContact for details
Lot Size1.50 Acres
Days on Market401

Property Features for 5422 Franklin Rd Sw

General Information

Standard status Active
Lot size 1.50 Acres

Taxes and HOA fees

Annual Taxes $1,405
Listing Agency: MKB, REALTORS
Listed By: CHERYL B HAM · License VA #0225002093
Source: Exprealty
Added: Oct 6, 2025 Changed: Nov 10 Last Checked: Nov 8 at 7:11AM

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

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Investment Insights

Based on property information with market context.

The property includes a spacious main building with flexible interior space that can support a range of business uses, along with hot water baseboard heat and a full basement. Additional improvements consist of a detached garage, a sturdy barn, and a covered outbuilding, providing multiple enclosed areas for storage, work, or operations.

The site totals approximately 1.5 acres and is offered as-is. The sale includes three tax parcels: 098.02-03-11.00, 098.02-03-10.00, and 098.02-03-09.00, and is described as zoned commercial. The property is located at 5422 Franklin Rd SW in Roanoke, VA.

For tenants, buyers, or owner-operators, the configuration may suit users seeking both office and workshop-style space within one package, supported by multiple accessory structures. The expansive lot is designed to accommodate parking and storage needs, and the overall setup can support operational flexibility for a variety of business activities, subject to buyer due diligence and applicable requirements.

Key Highlights

  • Commercial‑zoned property offered with 3 tax parcels totaling approximately 1.5 acres (0.538 ac, 0.4676 ac, 0.4898 ac).
  • Main building with flexible interior space plus a full basement for added functionality (sold as‑is).
  • Hot water baseboard heat installed.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Plumbing Service Grocery & Convenience Store Bakery Catering Service Big Box & Wholesale Store

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

123
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Office buildings in Roanoke

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Roanoke, VA

5% 2019
6% 2020
7.5% 2021
7% 2022
7.6% 2023
5.6% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial-zoned site with a flexible main building, basement, and multiple outbuildings on 1.5 acres.
Where is this office building located?
The property is located at 5422 Franklin Rd Sw Roanoke, VA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Commercial‑zoned property offered with 3 tax parcels totaling approximately 1.5 acres (0.538 ac, 0.4676 ac, 0.4898 ac).; Main building with flexible interior space plus a full basement for added functionality (sold as‑is).; Hot water baseboard heat installed.
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