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 land

3339 King NE St Roanoke, VA 24012

6.65 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-1627768
Property summary
AI-generated overview

This exceptional 6.64-acre development site is located at 3339 King St NE in Roanoke, Virginia, zip code 24012. The property is zoned RMF, offering significant potential for various development projects. Its strategic location provides convenient access to major thoroughfares, including Highway 460 and Interstate 81, ensuring excellent connectivity to the wider Roanoke area and beyond. The land's value is assessed at $1.47 per square foot, with an asking price of $425,000. This property presents a unique opportunity for developers seeking a substantial parcel in a desirable location. The site's proximity to an assisted living facility adds to its appeal, offering potential synergies and a built-in market for certain types of development. The address is 3339 King St NE, Roanoke, VA 24012. This is a rare opportunity to acquire a large, well-located parcel of land in Roanoke city, ready for immediate development. The property's size and zoning make it suitable for a range of commercial and residential projects. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.65 ac (289,478 SF)
Zoning code RMF
APN 710-0601
UPID US87-1627768
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
R P Fralin Land Company LLC · 1 yrs held
R P Fralin Land Company LLC
since 2025
Last sale
$290,000
2 recorded transactions
2025
$290,000
2017
$2,000
Zoning & alternative use
RMF · Roanoke, VA
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 3339 King NE St?
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