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    OFF-MARKET
    Land

    0 Hollins Rd, Roanoke, VA 24012

    20.2 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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