For Sale
Property summary
This exceptional 1.96-acre commercial land parcel presents a rare opportunity for development in a high-traffic area of Roanoke, Virginia. Located at 3768 Challenger Ave NE, this C-1 zoned property boasts significant road frontage on Challenger Avenue (Route 460), ensuring exceptional visibility and accessibility. The site benefits from its proximity to major retailers and restaurants, including a newly opened Starbucks, Kroger, Walmart, Lowe's, Chick-fil-A, and CVS, creating a strong retail environment. The property's location offers convenient access to key transportation arteries, situated just 1.5 miles from Cloverdale Road, providing easy connections to I-81 and 220N. Furthermore, downtown Roanoke is only 3.5 miles away. With an impressive average annual daily traffic count of 35,000 vehicles, this site offers unparalleled exposure for any commercial venture. The asking price is $595,000, and the APN is 050.05-01-24.00-0000. This is an ideal location for a restaurant, fast food establishment, or other commercial development seeking high visibility and convenient access in a thriving area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.