Commercial Development
For Sale
Contact for pricing
Pending
0 CHALLENGER AVE ROANOKE VA 24012-6733, Roanoke, VA 24012
Multi-use development site with major-route frontage and strong daily traffic exposure for retail, medical, and office uses.
Property SizeContact for details
Lot Size9.33 Acres
Days on Market70
Property Features for 0 CHALLENGER AVE ROANOKE VA 24012-6733
General Information
Standard status
Pending
Lot size
9.33 Acres
Property subtype
Land
Zoning
C-2c High Intensity Commercial w/ Conditions
Site & Location
Traffic Count
37,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Waldvogel Commercial Properties
Listed By:
Krista Vannoy, CCIM, SIOR · License #VA
Source:
Crexi
Added: Jun 4
Changed: Aug 8
Last Checked: Aug 5 at 7:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waldvogel Commercial Properties
Investment Insights
Based on property information with market context.
Available for sale is a premier 19.33-acre commercial development site positioned along U.S. Route 460 (Challenger Avenue). The property is presented as a flexible platform for commercial growth, with development optionality suited to a range of site-specific building and site plan configurations.
The site benefits from frontage on a primary commercial, retail, and service-oriented growth corridor in Roanoke County’s Bonsack market. Public remarks cite an AAWDT of 37,000 vehicles and describe the corridor as supporting substantial commuter activity and a growing residential customer base. The surrounding area is characterized by established national retailers and a mix of neighborhood-serving businesses, including quick-service restaurants, medical users, and financial institutions. Access to Interstate 581, Interstate 81, downtown Roanoke, and the broader Roanoke Valley is also highlighted as a key convenience factor.
From an operator’s perspective, the property’s positioning and stated development flexibility support a variety of concepts, including retail, medical, office, hospitality, and mixed-use development. For buyers, it offers a single, larger assemblage approach for planning and phasing decisions that align with tenant-driven requirements across these commercial categories.
The site benefits from frontage on a primary commercial, retail, and service-oriented growth corridor in Roanoke County’s Bonsack market. Public remarks cite an AAWDT of 37,000 vehicles and describe the corridor as supporting substantial commuter activity and a growing residential customer base. The surrounding area is characterized by established national retailers and a mix of neighborhood-serving businesses, including quick-service restaurants, medical users, and financial institutions. Access to Interstate 581, Interstate 81, downtown Roanoke, and the broader Roanoke Valley is also highlighted as a key convenience factor.
From an operator’s perspective, the property’s positioning and stated development flexibility support a variety of concepts, including retail, medical, office, hospitality, and mixed-use development. For buyers, it offers a single, larger assemblage approach for planning and phasing decisions that align with tenant-driven requirements across these commercial categories.
Key Highlights
- Approximately 9.33‑acre commercial development site on U.S. Route 460 (Challenger Avenue) in Roanoke County’s Bonsack market
- Strong AAWDT of 37,000 vehicles for daily traffic exposure
- Major‑route frontage along a primary commercial, retail, and service growth corridor
Property Analytics
Property Profile
Current Use
Lease Details
37,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 24012, VA
30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Multi-use development site with major-route frontage and strong daily traffic exposure for retail, medical, and office uses.
Where is this commercial land located?
The property is located at 0 CHALLENGER AVE ROANOKE VA 24012-6733 Roanoke, VA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Approximately 9.33‑acre commercial development site on U.S. Route 460 (Challenger Avenue) in Roanoke County’s Bonsack market; Strong AAWDT of 37,000 vehicles for daily traffic exposure; Major‑route frontage along a primary commercial, retail, and service growth corridor
