Property summary
This exceptional commercial land opportunity presents three parcels available for development, strategically located in South Roanoke, Virginia, at 5350 Clearbrook Lane, zip code 24014. The property boasts a prime location on Highway 220, near the Blue Ridge Parkway, within a well-established retail trade area. This highly visible location benefits from significant traffic volume, with Franklin Road boasting an Annual Average Daily Traffic (AADT) count of 31,000 vehicles. The parcels offer varying sizes to accommodate diverse development needs: Lot 1 encompasses 1.33 acres, Lot 2 spans 1.42 acres, and Lot 3 comprises a substantial 7.53 acres. Importantly, initial site development work has already been completed, streamlining the development process and potentially reducing upfront costs for future projects. This presents a unique chance to capitalize on the strong retail presence and high traffic counts in this thriving South Roanoke location. The property is zoned for commercial use and offers significant potential for a variety of retail or commercial ventures. Contact us today to learn more about this exceptional investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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