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    Franklin Rd Roanoke, VA 24018

    • Land
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Franklin Rd

    Lot size
    0.87 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -80.0311
    Latitude
    37.1968

    Comparable in this City

    • Value Estimation by Request
      3.80 Acres

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      1.15 Acres

      3771 Peters Creek Rd

      Land • 1.15 Acres
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      52.56 Acres

      Elm View Rd

      Land • 52.56 Acres
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    • Value Estimation by Request

      3422 Ogden Rd

      Land
      3422 Ogden Rd, Cave Spring, VA 24018
      View Details
    • Value Estimation by Request
      2.12 Acres

      4252 Smt St

      Land • 2.12 Acres
      4252 Smt St, Cave Spring, VA 24018
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    • Value Estimation by Request
      2.32 Acres

      3460 Buck Mountain Rd

      Land • 2.32 Acres
      3460 Buck Mountain Rd, Roanoke, VA 24018
      View Details

    Similar Nearby for Sale

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      Electric Road Commercial Land Opportunity

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    • $45,600
      0.91 Acres

      Residential Lot in Roanoke, VA

      0.91 acre lot approved for septic and utilities.
      7232 Carriage Hills Dr, Roanoke, VA 24018
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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Prime Commercial Land, Brandon Ave

      Build-to-Suit Opportunity: 0.7 Acres
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      80,163 SF

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      Roanoke, VA Strip Center - 8 Spaces Available
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    • $18 SF/Yr
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    • $14 SF/Yr
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      Office building for lease on Electric Road with ample parking.
      2727 Electric Rd, Roanoke, VA 24018
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    Franklin Rd
    Roanoke, VA 24018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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