0 Dale Ave Roanoke, VA 24013
This exceptional 0.598-acre residential land parcel presents a unique investment opportunity in Roanoke, Virginia. Located on Dale Avenue, this property boasts approximately 180 feet of frontage, offering excellent visibility and accessibility. The strategic location places it adjacent to a Neighborhood Walmart and directly across from Falon Park, providing convenient access to shopping and recreational amenities. Zoned RM-2 within the City of Roanoke, this versatile land allows for the development of both single-family and multi-family residential dwellings, catering to a wide range of development possibilities. The property comprises four tax parcels (#4310905, 4310906, 4310907, 4310908), simplifying ownership and potential future transactions. With its ideal location, flexible zoning, and substantial size, this property is poised for immediate development or future appreciation. The asking price is $199,950, representing a compelling value in this desirable Roanoke neighborhood. This is a rare opportunity to acquire a well-situated residential lot with significant potential for growth and return on investment. Don't miss out on this chance to secure a prime piece of Roanoke real estate. The zip code is 24013.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.