5403 Clearbrook Ln Roanoke, VA 24014
For Sale
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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]
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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