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    4548 Bonsack Rd Roanoke, VA 24012

    Sponsored
    For Sale
    $1,500,000

    5.63 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 5.63-acre commercial land parcel in Roanoke County, Virginia, presents a remarkable investment opportunity. Located at 4548 Bonsack Road NE, zip code 24012, the property boasts significant visibility and accessibility due to its prime location directly across heavily trafficked Route 460 from a Walmart Supercenter and a Lowe's Home Improvement store. The site offers ample road frontage, including frontage at a stoplight, ensuring optimal exposure for any retail development. The asking price is $1,500,000. The property's APN is 040.14-02-08.01-0000, 040.14-02-08.00-0000. Its strategic position near major retailers makes it ideal for a variety of commercial uses. This high-traffic location guarantees substantial visibility and convenient access for potential customers. The substantial lot size provides ample space for development, allowing for flexibility in design and scale. This is a rare opportunity to acquire a highly desirable commercial property in a thriving area with excellent growth potential. Don't miss this chance to secure a prime location for your next commercial venture.

    Property Features for 4548 Bonsack Rd

    General Information

    Property type
    Land
    Lot Size
    245,243 SF

    HighLights

    • 5.63‑acre commercial land parcel in Roanoke County, VA, at 4548 Bonsack Road NE, zip code 24012.
    • High visibility and accessibility due to its location across Route 460 from Walmart and Lowe's.
    • Ample road frontage, including a stoplight, ideal for retail development.
    • Asking price: $1,500,000.
    • APN: 040.14‑02‑08.01‑0000, 040.14‑02‑08.00‑0000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.870360231072
    Latitude
    37.322121612144

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    FAQs

    What type of property is this?
    Land - 5.63 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 4548 Bonsack Rd Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 5.63-acre commercial land parcel in Roanoke County, VA, at 4548 Bonsack Road NE, zip code 24012.; High visibility and accessibility due to its location across Route 460 from Walmart and Lowe's.; Ample road frontage, including a stoplight, ideal for retail development.
    (540) 204-4935
    Request Owner's contact information
    4548 Bonsack Rd Roanoke, VA 24012
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    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
    4548 Bonsack Rd Roanoke, VA 24012
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