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    Valley Gateway Blvd Roanoke, VA 24012

    Sponsored
    For Sale
    $4,500,000

    15.72 Acres, C2 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15.72-acre parcel presents a unique investment opportunity in Roanoke, Virginia. Located on Valley Gateway Blvd, zip code 24012, this flat, development-ready land boasts a highly desirable C2 zoning designation, allowing for a wide range of commercial and industrial uses. Its strategic location offers unparalleled access to major transportation arteries, including Highway 460 and Interstate 81, as well as the regional airport, ensuring seamless logistics and accessibility. The property's proximity to a Kroger-anchored shopping center, along with established neighbors such as Coca-Cola bottling and Marvin Windows, underscores its prime location within a thriving commercial corridor. The expansive lot size provides ample space for large-scale development projects, making it ideal for industrial warehouse facilities or retail establishments. This is a rare opportunity to acquire a significant land holding in a high-growth area, offering substantial potential for future development and return on investment. The asking price for this exceptional property is $4,500,000.

    Property Features for 0 Valley Gateway Blvd

    General Information

    Property type
    Land
    Lot Size
    684,763 SF

    HighLights

    • Large, level lot.
    • Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.882145556341
    Latitude
    37.312327675447

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    FAQs

    What type of property is this?
    Land - 15.72 Acres, C2 Zoning, Prime Location
    Where is this land located?
    The property is located at Valley Gateway Blvd Roanoke, VA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Large, level lot.; Commercially zoned.;
    Request Owner's contact information
    Valley Gateway Blvd Roanoke, VA 24012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Valley Gateway Blvd Roanoke, VA 24012
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