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Property profile & analytics
OFF-MARKET
Land

0 22Nd St Roanoke, VA 24014

0.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.262-acre vacant lot presents a unique investment opportunity in the highly desirable South Roanoke neighborhood of Roanoke, Virginia. Located at 0 22nd St SW, Roanoke, VA 24014 (APN 1050968), this property is zoned RMF (Residential Multi-Family), making it ideal for the development of multi-family housing. Its prime location offers unparalleled convenience, situated adjacent to Cherry Hill Condos and Townhomes, and within comfortable walking distance of Carilion Roanoke Memorial Hospital, a variety of restaurants, coffee shops, and banking facilities. Easy access to major roadways such as I-581/US 220 ensures excellent connectivity throughout the Roanoke area. This is one of the last remaining vacant parcels in South Roanoke, presenting a rare chance to capitalize on the area's strong demand for housing and its vibrant, established community. The asking price for this exceptional property is $199,950. Don't miss this opportunity to acquire a highly sought-after development site in a thriving location.

Property profile
Verified
Property type Land
Lot 0.26 ac (11,413 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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