3339 King NE St Roanoke, VA 24012
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RMF · Roanoke, VARoanoke. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.