4430 Old Cave Spring Rd Roanoke, VA 24018
Exceptional 1.56-acre commercial land parcel in desirable Cave Spring, Virginia (zip code 24018), available for $595,000. This property, located at 4430 Old Cave Spring Rd, boasts C2 zoning, offering versatile development potential. Its strategic location directly across from a newly constructed Publix development ensures high visibility and convenient access, attracting significant customer traffic. The property's proximity to highly-rated Southwest Roanoke County schools further enhances its appeal. The two APNs associated with this property are 076.20-02-05.01-0000 and 076.20-02-04.00-0000. This prime location within a sought-after area presents a rare opportunity for retail development or other commercial ventures. The property's size and zoning make it an ideal investment for those seeking high-return potential in a thriving community. This is a remarkable opportunity to capitalize on the growth and development in this area of Roanoke County. Serious inquiries are encouraged.
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Roanoke Neuromuscular Physician
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
C2 · 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.