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    OFF-MARKET
    Land

    0 Edgewood St, Roanoke, VA 24015

    1.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.9-acre land parcel presents a remarkable opportunity for residential development in Roanoke, Virginia. Comprising two adjoining lots (APN 1610212 and 1610209), this property offers a unique blend of zoning designations. Lot 1610212, spanning 1.65 acres, is zoned RMF, while the smaller 0.25-acre lot 1610209 is zoned R-7. The strategic location just off Brandon Avenue, a heavily trafficked thoroughfare, ensures high visibility and convenient access. This desirable community setting makes this land ideal for the construction of a new apartment complex, catering to the growing housing demand in the area. The combined acreage and flexible zoning provide developers with significant flexibility in project design and scope. The property's address is Edgewood St SW, Roanoke, VA 24015. Detailed zoning information is available upon request. This is a rare chance to acquire a substantial land holding in a thriving Roanoke neighborhood, perfectly positioned for a lucrative residential development venture. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 1.9 ac (82,764 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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