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Property profile & analytics
FOR SALE
Commercial land

5403 Clearbrook Ln Roanoke, VA 24014

Property ID
US87-0649476
Property summary
AI-generated overview

Ideally situated with frontage on both Franklin Road (US 220) and Clearbrook Lane, this site is in close proximity to the Walmart Super Center in southwest Roanoke County. 173' of frontage on US 220 and 358' of frontage on Clearbrook Lane. Easy access on Clearbrook Lane to the traffic light at Walmart at Franklin Road (US 220). This is located in the Clearbrook Overlay District. Development and concept plan have been completed by Balzer & Associates for a mixed use development of approximately 25,000 square feet. Additional land available on either side of this tract. We have 7.05 deeded acres to the left and 1.88 deeded acres to the right should you need more land for your development. Please see the attached aerial for all 3 lots. This is a rare opportunity to acquire a significant development site in southwest Roanoke County, one of the most affluent areas in the Greater Roanoke Valley. Excellent visibility from Franklin Road (US 220) that is the main southern route into Roanoke and the main access for the Roanoke Valley to North Carolina. For more information please contact Henry Scholz at 540.353.0100 or by email at [email protected]

Property profile
Verified
Property type Commercial land
UPID US87-0649476
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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