5458 Franklin RdRoanoke, VA 24014

Property Details for 5458 Franklin Rd

Year built

1930

Lot size

0.64 AC

Property size (Sq ft)

8,770 SF

Zone code

C2

Property type

Hospitality properties

Property subtype

Hotels

APN

098.02-03-14

APU

98020314

Description

This exceptional 0.86-acre development opportunity is situated on heavily trafficked Franklin Road SW in Roanoke, Virginia, near a Walmart Supercenter. The property boasts significant road frontage and a convenient crossover for easy access, making it an ideal location for a variety of commercial ventures. Built in 1930, the site currently includes two existing buildings on a mostly level and clear lot, presenting a blank canvas for redevelopment. The address is 5458 Franklin Rd SW, Roanoke, VA 24014. This prime location offers excellent visibility and accessibility, with the potential to capitalize on the high volume of traffic in the area. The asking price for this exceptional property is $1,295,000. The property's size and location make it a compelling investment opportunity for developers seeking to create a new commercial project in a thriving area. The existing buildings offer potential for repurposing or demolition, allowing for complete design flexibility. This is a rare chance to acquire a significant parcel of land in a desirable Roanoke location.

Location Insight

City

Roanoke

County

Roanoke

State

Virginia

Latitude

37.2

Longitude

-79.9441

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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