Property profile

0 Valley Gateway Blvd Roanoke, VA 24012

OFF-MARKET
Retail properties & Spaces
15.72 ac lot
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Property summary

AI-generated overview

This exceptional 15.72-acre parcel presents a unique investment opportunity in Roanoke, Virginia. Located on Valley Gateway Blvd, zip code 24012, this flat, development-ready land boasts a highly desirable C2 zoning designation, allowing for a wide range of commercial and industrial uses. Its strategic location offers unparalleled access to major transportation arteries, including Highway 460 and Interstate 81, as well as the regional airport, ensuring seamless logistics and accessibility. The property's proximity to a Kroger-anchored shopping center, along with established neighbors such as Coca-Cola bottling and Marvin Windows, underscores its prime location within a thriving commercial corridor. The expansive lot size provides ample space for large-scale development projects, making it ideal for industrial warehouse facilities or retail establishments. This is a rare opportunity to acquire a significant land holding in a high-growth area, offering substantial potential for future development and return on investment. The asking price for this exceptional property is $4,500,000.

Property profile

Verified
Property type Retail properties & Spaces
Lot 15.72 ac (684,763 SF)

Cap rate & NOI

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

Location

Valley Gateway Blvd Roanoke, VA 24012
Roanoke metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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