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Property profile & analytics

3810 Tall Pne Ln Roanoke, VA 24014

  • Land
  • 59.34 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 3810 Tall Pne Ln

Lot size
59.34 lot acres
Property type
Land

Description

Exceptional opportunity to acquire a 59.34-acre residential land development in Roanoke County, Virginia. This turnkey project boasts 27 developed lots ready for construction, featuring a minimum building size of 2,500 square feet. The property includes 22.3 acres of common area, highlighted by a picturesque 1.75-acre pond, a historic covered bridge, and a mill house. All private streets are complete, and underground electric utilities are installed for lots 1-8 and 34. A Property Owners Association will maintain the common areas, ensuring long-term value. Located in the desirable Mount Pleasant area, this development offers proximity to the Ballyhack Golf Club, downtown Roanoke, and Smith Mountain Lake. The project is zoned AG-3 and has an asking price of $650,000. Projected monthly HOA dues are $166. The APN is 89.02-02-02. This is a rare opportunity to capitalize on a well-planned, high-end residential community in a prime location. The property's unique features and convenient location make it an attractive investment for developers seeking a high-return project. The existing infrastructure significantly reduces development time and costs, making this an ideal opportunity for immediate development and return.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Roanoke
County
Roanoke
State
Virginia
Longitude
-79.9062
Latitude
37.216
More about this property
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