3731 Shenandoah Ave Roanoke, VA 24017
- Commercial real estate
- 5.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3731 Shenandoah Ave
- Lot size
- 5.17 lot acres
- Property type
- Commercial real estate
- APN
- 2730216,2730219,2730220,2730221
Description
This exceptional 5.17-acre property, located at 3731 Shenandoah Ave NW, Roanoke, VA 24017, presents a unique investment opportunity. Comprising four city tax parcels (APN: 2730216, 2730219, 2730220, 2730221), this land boasts significant frontage on both Shenandoah Avenue and Old Stevens Road NW. Currently zoned R-7, the property offers considerable flexibility for residential development. The land itself is largely cleared and level, simplifying development plans. Conveniently located less than a mile from the intersection of Peters Creek Road, this site benefits from readily available water and sewer services along Shenandoah Avenue. The asking price is $400,000, translating to approximately $77,370 per acre. The property is being sold "as is, where is," providing an opportunity for buyers to realize their vision. Given its size, zoning, and location, this parcel presents strong commercial potential in addition to residential uses. This is a rare opportunity to acquire a substantial, well-situated parcel in a growing area of Roanoke.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Roanoke
- State
- Virginia
- Longitude
- -80.001033
- Latitude
- 37.281453
