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Mixed-Use Commercial Land
New
For Sale
$42,500

Peters Creek Rd NW, Roanoke, VA 24017

Land, Roanoke, VA

Property SizeContact for details
Lot Size0.23 Acres
Days on Market2

Property Features for Peters Creek Rd NW

General Information

Property type Land
Property subtype Other
Subdivision Pine Ridge Terrace
Lot features Steep Slope, Steep Slope
View City
Elementary school Westside
Middle school Lucy Addison
High school William Fleming
Directions Main Street to Peters Creek Road, N.W.
Standard status Active
APN 2770602
Lot size 0.23 Acres

Taxes and HOA fees

Tax Annual Amount 436
Listing Agency: YOUNG REALTY COMPANY
Listed By: CHERI LYNNE JOHNSON
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 10:06PM
MLS# 932427

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 0.23-acre parcel on Peters Creek Rd NW in Roanoke carries a mixed-use designation. The stated range of potential uses includes offices, light industry, retail, and residences.

The property is situated in an area that includes homes and small businesses.

Key Highlights

  • 0.23‑acre parcel
  • Mixed‑use designation with office, light industrial, retail, and residential use potential
  • Area includes homes and small businesses

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Demographics for 24017, VA

23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Roanoke, VA

5.4% 2019
5.3% 2020
5.9% 2021
3.1% 2022
2.2% 2023
2.4% 2024
3.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - The mixed-use designation supports office, light industrial, retail, and residential possibilities.
Where is this commercial land located?
The property is located at Peters Creek Rd NW Roanoke, VA.
What is the asking price?
The asking price for this property is $42,500.
What are key features of this property?
This property features: 0.23‑acre parcel; Mixed‑use designation with office, light industrial, retail, and residential use potential; Area includes homes and small businesses
More about this property
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