5028 Starkey Rd Cave Spring, VA 24018

FOR SALE

Commercial land

Property ID

US87-0988441

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$2,345,000

5028 Starkey Rd, Cave Spring, VA 24018
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Matt Huff, CCIM, and Dennis Cronk, CCIM of Poe & Cronk Real Estate Group are proud to offer for sale 5028 Starkey Road, a 9.38+ acre development site in SW Roanoke County. Located minutes from Tanglewood Mall and Electric Rd, the site is currently zoned C-1 and presents opportunities for retail, industrial, or multifamily development. The property has exceptional visibility with 37,000 daily vehicles on Electric Rd and 12,000 on Starkey Rd. This site also offers excellent access and is surrounded by one of the highest demographic areas in Roanoke with an average household income of $88,745 within 1 mile.

Property type Commercial land

UPID US87-0988441

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

5028 Starkey Rd Cave Spring, VA 24018

Cave Spring metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

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52.56 Acres

Roanoke Land with Development Potential

52.56 acres in Roanoke County with mixed zoning.

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New

$2,345,000

9.38 Acres

9.38 Acre Development Site

9.38 acre development site in SW Roanoke County.

5028 Starkey Road, Cave Spring, VA 24018

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$211,300

2.12 Acres

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View Details
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View Details
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2.23 Acres

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