Listing Agency: Hall Associates Show Phone

Listed By: Frank C. Martin, III | SIOR, CCIM · License #VA

Source: Crexi

Added: Apr 17, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:25AM

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Investment Insights

Based on property information with market context.

This +/- 0.262-acre parcel is located in South Roanoke, adjacent to Cherry Hill Condos and Townhomes. The property is within walking distance of Carilion Roanoke Memorial Hospital, restaurants, coffee shops, and banking facilities. It offers convenient access to major thoroughfares, including I-581/US 220. Zoned RMF (Residential Multi-Family), this property is suitable for multi-family development. As one of the last vacant parcels in the area, it presents a development opportunity in the South Roanoke neighborhood.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,321

Businesses Nearby

Explore this area Business Placement

Demographics for 24014, VA

16,869

Population

8,508

Households

2

Avg Household Size

45

Median Age

39%

College-Educated

90%

High-School Grad

27.3 sq mi

ZIP Area

618

Density / Sq Mi

$65,089

Median Household Income

$46,225

Median Earnings

$949

Median Rent

$260,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Residential multi-family land for sale in South Roanoke.

Where is this residential land & home lot located?

The property is located at 22nd St SW Roanoke, VA.

What is the asking price?

The asking price for this property is $150,000.