Property profile

0 Hollins Rd Roanoke, VA 24012

OFF-MARKET
Land
20.2 ac lot
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Property summary

AI-generated overview

This exceptional 20.2-acre industrial land parcel in Roanoke, Virginia, presents a compelling investment opportunity. Located on Hollins Rd NE, zip code 24012, the property boasts significant road frontage and is ideally situated for convenient access to surrounding areas. The expansive lot size offers ample space for development, making it suitable for a variety of industrial uses. The property's I-1 zoning designation is highly desirable, opening doors to numerous potential projects. The asking price is $550,000. The Assessor's Parcel Number (APN) is 038.16-01-03.01-0000. This property's flat topography and excellent location make it an attractive option for businesses seeking to establish or expand their operations in a thriving area. The site's layout lends itself well to development, offering considerable flexibility for future projects. Serious inquiries are encouraged to explore the potential of this significant industrial land holding. The property is well-suited for a range of industrial uses permitted under the I-1 zoning classification. Its strategic location and ample space make it a rare find in the Roanoke market.

Property profile

Verified
Property type Land
Lot 20.2 ac (879,912 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hollins Rd Roanoke, VA 24012
Roanoke metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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