9.38 Acre Development
For Sale
$2,345,000
5028 Starkey Road, Cave Spring, VA 24018
9.38 acre development site in SW Roanoke County.
Property Size9 SF
Lot Size9.38 Acres
Price / SF$260,555
Days on Market185
Property Features for 5028 Starkey Road
General Information
Standard status
Active
Size
9 SF
Lot size
9.38 Acres
Property subtype
Land
Listing Agency:
(540) 493-4970
Listed By:
Matt Huff, CCIM, SIOR
(540) 493-4970
Source:
Tcnworldwide
Added: Jan 27
Changed: Jul 6
Last Checked: Jul 30 at 4:03AM
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 Matt Huff, CCIM, SIOR
Investment Insights
Based on property information with market context.
This 9.38+ acre development site is located on Starkey Road in SW Roanoke County, minutes from Tanglewood Mall and Electric Road. The property is zoned C-1 and presents opportunities for retail, industrial, or multifamily development. It features visibility with 37,000 daily vehicles on Electric Road and 12,000 on Starkey Road. The site offers access and is surrounded by one of the highest demographic areas in Roanoke with an average household income of $88,745 within 1 mile. The location is central and convenient with easy access from all of Roanoke.
Key Highlights
- High Traffic Counts: 37,000 daily vehicles on Electric Rd and 12,000 on Starkey Rd.
- Located in a high demographic area with an average household income of $88,745 within 1 mile.
- 9.38+ acre development site zoned C‑1, suitable for retail, industrial, or multifamily development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
151
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 - 9.38 acre development site in SW Roanoke County.
Where is this commercial land located?
The property is located at 5028 Starkey Road Cave Spring, VA.
What is the asking price?
The asking price for this property is $2,345,000.
What are key features of this property?
This property features: High Traffic Counts: 37,000 daily vehicles on Electric Rd and 12,000 on Starkey Rd.; Located in a high demographic area with an average household income of $88,745 within 1 mile.; 9.38+ acre development site zoned C‑1, suitable for retail, industrial, or multifamily development.
