Orange Ave NE, Roanoke, VA 24012

Listing office Hall Associates Show Phone

Listing date Oct 1, 2021

Source Crexi

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Overview

This 5.1-acre site is located in the heart of the Roanoke Valley, in the 3500 block of Orange Avenue. It presents a development opportunity within a retail and commercial corridor, near the Roanoke Centre for Industry & Technology (RCIT). The location is near companies such as Advance Auto Parts, Bimbo Bakeries, Eaton, Elizabeth Arden, Fed Ex Ground, Orvis and Amazon. Residential development is ongoing in the area, 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 3.93 acres in an additional four parcels.

Map

City

Roanoke

County

Salem

State

Virginia

Longitude

-79.940637

Latitude

37.282301

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FAQs

What type of property is this?

Commercial land - 5.1 acre site in a vibrant commercial corridor.

Where is this commercial land located?

The property is located at Orange Ave NE 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: Prime development opportunity in the heart of the Roanoke Valley.; Located in a vibrant retail and commercial corridor near the Roanoke Centre for Industry & Technology (RCIT).; High traffic count of approximately 38,000 vehicles per day on Orange Avenue.