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    Crumpacker Dr Roanoke, VA 24019

    Sponsored
    For Sale
    $1,999,950

    10.49 Acres, C1 Zoning, Walmart Adjacent

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 10.49-acre commercial land parcel presents a prime development opportunity in Roanoke, Virginia. Located at 0 Crumpacker Dr, zip code 24019, this property boasts a highly desirable C1 zoning designation, allowing for a wide range of commercial uses. Its strategic location offers unparalleled visibility and accessibility, situated directly adjacent to a Walmart Supercenter and a Lowe's Hardware store. The area also benefits from a thriving residential community of over 600 new homes, ensuring a robust customer base. The land itself is flat and level, making it "shovel ready" for immediate development. Convenient access to major thoroughfares like Highway 460 and I-81, as well as the regional airport, further enhances its appeal. This property represents a rare chance to acquire a significant commercial land holding in a high-growth area with excellent infrastructure and strong surrounding demographics. The asking price is $1,999,950. This is an exceptional investment opportunity for developers seeking a prime location with significant potential for return.

    Property Features for 0 Crumpacker Dr

    General Information

    Property type
    Land
    Lot Size
    456,944 SF

    HighLights

    • 10.49‑acre level, shovel‑ready commercial lot in Roanoke, VA (24019).
    • C1 zoning allows diverse commercial uses.
    • High visibility location adjacent to Walmart & Lowe's, near 600+ new homes.
    • Excellent access to major highways (460 & I‑81) and the regional airport.
    • Asking price: $1,999,950.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.8819809
    Latitude
    37.3295413

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    FAQs

    What type of property is this?
    Land - 10.49 Acres, C1 Zoning, Walmart Adjacent
    Where is this land located?
    The property is located at Crumpacker Dr Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,999,950.
    What are key features of this property?
    This property features: 10.49-acre level, shovel-ready commercial lot in Roanoke, VA (24019).; C1 zoning allows diverse commercial uses.; High visibility location adjacent to Walmart & Lowe's, near 600+ new homes.
    Request Owner's contact information
    Crumpacker Dr Roanoke, VA 24019
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    Roanoke, VA 24019
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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
    Crumpacker Dr Roanoke, VA 24019
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