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Orange Ave Roanoke, VA 24012

Sponsored
For Sale
$650,000

Prime Roanoke location, RM-2 zoning, high traffic

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 5.1-acre site, located in Roanoke, Virginia's vibrant 3500 block of Orange Avenue NE, presents a compelling development opportunity. Situated in a thriving retail and commercial corridor, this property boasts an enviable location near the Roanoke Centre for Industry & Technology (RCIT), home to numerous leading companies including Amazon, Advance Auto Parts, and others. The high-traffic area sees approximately 38,000 vehicles daily, ensuring excellent visibility and accessibility for any development. The property is zoned RM-2, allowing for a mix of residential and commercial uses, providing flexibility for a variety of development plans. This presents a unique chance to capitalize on the area's growth, particularly given the recent approval of a large 758-unit apartment complex nearby. The property's 5.1-acre size offers significant potential for a substantial project. An adjoining 3.93-acre site is also available for purchase, expanding the development possibilities even further. The property's address is Orange Ave NE, Roanoke, VA 24012, and the APN is 7110102. The asking price for this exceptional development opportunity is $650,000.

Property Features for 0 Orange Ave

General Information

Property type
Land
Lot Size
222,156 SF

HighLights

  • 5.1‑acre development site in Roanoke, VA's vibrant retail/commercial corridor.
  • High‑traffic location on Orange Avenue (approx. 38,000 AADT).
  • Proximity to Roanoke Centre for Industry & Technology (RCIT), home to major companies including Amazon and Advance Auto Parts.
  • RM‑2 zoning permitting residential and select commercial uses.
  • Adjacent 3.93‑acre site also available.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Roanoke
County
Roanoke Country
State
Virginia
Longitude
-79.890391038842
Latitude
37.305347422876

FAQs

What type of property is this?
Land - Prime Roanoke location, RM-2 zoning, high traffic
Where is this land located?
The property is located at Orange Ave Roanoke, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 5.1-acre development site in Roanoke, VA's vibrant retail/commercial corridor.; High-traffic location on Orange Avenue (approx. 38,000 AADT).; Proximity to Roanoke Centre for Industry & Technology (RCIT), home to major companies including Amazon and Advance Auto Parts.
More about this property
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