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    Dale Ave Roanoke, VA 24013

    Sponsored
    For Sale
    $199,950

    .598 Acres, RM-2 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.598-acre residential land parcel presents a unique investment opportunity in Roanoke, Virginia. Located on Dale Avenue, this property boasts approximately 180 feet of frontage, offering excellent visibility and accessibility. The strategic location places it adjacent to a Neighborhood Walmart and directly across from Falon Park, providing convenient access to shopping and recreational amenities. Zoned RM-2 within the City of Roanoke, this versatile land allows for the development of both single-family and multi-family residential dwellings, catering to a wide range of development possibilities. The property comprises four tax parcels (#4310905, 4310906, 4310907, 4310908), simplifying ownership and potential future transactions. With its ideal location, flexible zoning, and substantial size, this property is poised for immediate development or future appreciation. The asking price is $199,950, representing a compelling value in this desirable Roanoke neighborhood. This is a rare opportunity to acquire a well-situated residential lot with significant potential for growth and return on investment. Don't miss out on this chance to secure a prime piece of Roanoke real estate. The zip code is 24013.

    Property Features for 0 Dale Ave

    General Information

    Property type
    Land
    Lot Size
    26,049 SF

    HighLights

    • $199,950 asking price.
    • 0.598‑acre residential land parcel.
    • RM‑2 zoning, allowing single and multi‑family dwellings.
    • Located in Roanoke, VA, zip code 24013, on Dale Ave SE.
    • Adjacent to Walmart and across from Falon Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.912352577104
    Latitude
    37.273662581341

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    FAQs

    What type of property is this?
    Land - .598 Acres, RM-2 Zoning, Prime Location
    Where is this land located?
    The property is located at Dale Ave Roanoke, VA.
    What is the asking price?
    The asking price for this property is $199,950.
    What are key features of this property?
    This property features: $199,950 asking price.; 0.598-acre residential land parcel.; RM-2 zoning, allowing single and multi-family dwellings.
    Request Owner's contact information
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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
    Dale Ave Roanoke, VA 24013
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