Listing Agency: MKB Commercial

Listed By: Henry Scholz · License #VA 0225055191 Show Phone

Source: Crexi

Added: Feb 27, 2018 Changed: Aug 16 Last Checked: Sep 7 at 2:26AM

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Investment Insights

Based on property information with market context.

This site offers frontage on both Franklin Road (US 220) and Clearbrook Lane, situated near the Walmart Super Center in southwest Roanoke County. It features 173 feet of frontage on US 220 and 358 feet of frontage on Clearbrook Lane, providing easy access to the traffic light at Walmart via Clearbrook Lane and Franklin Road (US 220). Located within the Clearbrook Overlay District, a development and concept plan has been completed by Balzer & Associates for a mixed-use development of approximately 25,000 square feet. The property benefits from excellent visibility from Franklin Road (US 220), a main southern route into Roanoke and the primary access route between the Roanoke Valley and North Carolina. An adjoining 1.5-acre parcel is also available.

Key Highlights

• Excellent visibility from Franklin Road (US 220), a major route.
• Frontage on both Franklin Road (US 220) and Clearbrook Lane.
• Close proximity to Walmart Super Center.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Building Supply Plumbing Service Grocery & Convenience Store Bakery

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

124

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

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Land with frontage on US 220 and Clearbrook Lane.

Where is this commercial land located?

The property is located at 5403 Clearbrook Lane Roanoke, VA.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: Excellent visibility from Franklin Road (US 220), a major route.; Frontage on both Franklin Road (US 220) and Clearbrook Lane.; Close proximity to Walmart Super Center.