Parking & Garage

Roanoke, VA Parking Lots & Garages for Sale

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Vinton, VA Salem, VA Hollins, VA
Downtown Parking Lot with 16 Spaces
Updated: Apr 22
Downtown Parking Lot with 16 Spaces

506 1st St SW, Roanoke, VA 24011

$150,000
0.13 AC lot
Prime downtown Roanoke location with high traffic from nearby bars and restaurants.
Immediate income potential from 16 parking spaces currently leased month‑to‑month at $60 per space.
Opportunity to control parking in a market with limited supply and growing demand.
Suitable for investors seeking income‑producing assets or business owners needing dedicated parking.
Auction property to be sold on June 16th, 2026.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Roanoke, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

High-Visibility Car Lot Opportunity
High-Visibility Car Lot Opportunity

5216 Market Street, Greensboro, NC 27409

$600,000
1.22 AC lot

For-sale 1.22-acre car lot with LI zoning and high-visibility traffic count for automotive or retail uses.

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Auto Shop, Office, Parking Package
Auto Shop, Office, Parking Package

2403-2411 E Bessemer Ave, Greensboro, NC

$600,000
2,577 sqft · 0.64 AC lot

Four-parcel package with auto shop, office, and parking areas.

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Thomasville Car Lot For Sale
Thomasville Car Lot For Sale

1535 National Hwy, Thomasville, NC 27360

$145,000
427 sqft

Former car lot with office and high visibility.

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Car Lot and Mechanic Garage
Car Lot and Mechanic Garage

620 National Highway, Thomasville, NC 27360

$399,900

Prime location car lot and mechanic garage for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Lot Near I-81 Exit
Commercial Lot Near I-81 Exit

Highway 16 lot: 66, Marion, VA 24354

$59,000
0.30 AC lot

Commercial lot near I-81 Exit 45 in Marion, Virginia.

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Harrisonburg Land For Sale
Harrisonburg Land For Sale

2655 S MAIN ST, Harrisonburg, VA 22801

$787,500
1.75 AC lot

1.75 acres suitable for contractors, storage, or RV storage.

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Salisbury Street Land For Sale
Salisbury Street Land For Sale

0 Salisbury Street, Asheboro, NC 27203

$299,900
5.50 AC lot

5.5 acres of land zoned for multifamily or office.

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Land Near Statesville Airport
Land Near Statesville Airport

130 Aviation Drive, Statesville, NC 28677

$389,000
8.03 AC lot

8.03-acre commercial land near Statesville Regional Airport.

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Roanoke, VA Parking Lots & Garages Market Trends and Statistics

Explore 1 parking lots & garages for sale in Roanoke, VA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $150,000.

Sale prices for parking garages in Roanoke, VA start at $150,000, averaging $150,000, and reaching up to $150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Land 159
Office Spaces 146
Retail properties & Spaces 100
Office Units 97
Commercial land 76

Demographics Overview

Population 171K
Population Growth (5Y) +9.4%
Median Household Income $66,063
College Educated 10.0%

High-Yield Neighborhoods for Investment

Identify Roanoke submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
24011 $150K

Taxes & Financing

Tax Rate (average for all types) 1.05%
Property Tax per SF $16.57 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Roanoke fall within the 100,000+ square foot range.

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