0 Orange Ave NE Roanoke, VA 24012

Listing Agency Hall Associates Show Phone

Listed by Gavin Hollingsworth · License #0225233452

Source Crexi

Added: Aug 24, 2023 Updated: Jul 6 at 8:14 am Checked: Jul 19 at 8:19 am

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Investment Insights

Based on property information with market context.

This 3.93-acre site is located in the heart of the Roanoke Valley in the 3500 block of Orange Avenue, presenting a prime development opportunity. Situated in a vibrant retail and commercial corridor near the Roanoke Centre for Industry & Technology (RCIT), the location is near leading companies such as Advance Auto Parts, Bimbo Bakeries, Eaton, Elizabeth Arden, Fed Ex Ground, Orvis, and Amazon. The area is experiencing ongoing residential development, with a 758-unit apartment complex having been approved. The Annual Average Daily Traffic count along Orange Avenue is approximately 38,000 vehicles per day. The current Roanoke City zoning is RM-2, which permits residential and some commercial uses. This parcel can be purchased with an adjoining 5.1 acres in an additional parcel also listed for sale.

Key Highlights

• Prime development opportunity in the heart of the Roanoke Valley.
• Located in a vibrant retail and commercial corridor.
• Close proximity to the Roanoke Centre for Industry & Technology (RCIT) and leading companies.

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FAQs

What type of property is this?

Commercial land - 3.93 acre site in vibrant commercial corridor.

Where is this commercial land located?

The property is located at 0 Orange Ave NE Roanoke, VA.

What is the asking price?

The asking price for this property is $335,000.

What are key features of this property?

This property features: Prime development opportunity in the heart of the Roanoke Valley.; Located in a vibrant retail and commercial corridor.; Close proximity to the Roanoke Centre for Industry & Technology (RCIT) and leading companies.