You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

3260 Cove Rd Roanoke, VA 24017

4.2 ac lot
Property ID
US87-0914548
Property summary
AI-generated overview

This exceptional 4.2-acre commercial land parcel presents a remarkable investment opportunity in Roanoke, Virginia. Strategically located at the intersection of Cove Road and Hershberger Road, the property boasts over 500 feet of road frontage on Cove Road, featuring multiple curb cuts for convenient access. The commanding location offers unparalleled visibility overlooking the Hershberger West commercial district and the Roanoke-Blacksburg Regional Airport. Currently zoned CG (Commercial General) and R-7, this site is ideally suited for a wide range of commercial developments. Its proximity to major thoroughfares ensures high traffic counts and easy accessibility. The property is situated just 0.6 miles from I-581 via Hershberger Road, providing seamless connectivity to the wider Roanoke area. The surrounding area is anchored by established businesses such as Home Depot, Sportsman's Warehouse, Burlington, and Schewel Furniture, creating a vibrant and thriving commercial environment. This prime location, combined with its generous size and advantageous zoning, makes this property an exceptional opportunity for investors seeking high-impact commercial development in a rapidly growing market. The asking price for this exceptional property is $500,000. The zip code is 24017.

Property profile
Verified
Property type Commercial real estate
Lot 4.2 ac (182,952 SF)
UPID US87-0914548
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3260 Cove Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message