5458 Franklin SW Rd Roanoke, VA 24014-6660
- Hotels
- 8,770 SF
- 0.64 lot acres
Current Use by Public Records
- Hotels
Property Details for 5458 Franklin SW Rd
- Year built
- 1930
- Lot size
- 0.64 lot acres
- Property size
- 8,770 SF
- Zone code
- C2
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 098.02-03-14
- APU
- 98020314
Description
This exceptional 0.86-acre development opportunity is situated on heavily trafficked Franklin Road SW in Roanoke, Virginia, near a Walmart Supercenter. The property boasts significant road frontage and a convenient crossover for easy access, making it an ideal location for a variety of commercial ventures. Built in 1930, the site currently includes two existing buildings on a mostly level and clear lot, presenting a blank canvas for redevelopment. The address is 5458 Franklin Rd SW, Roanoke, VA 24014. This prime location offers excellent visibility and accessibility, with the potential to capitalize on the high volume of traffic in the area. The asking price for this exceptional property is $1,295,000. The property's size and location make it a compelling investment opportunity for developers seeking to create a new commercial project in a thriving area. The existing buildings offer potential for repurposing or demolition, allowing for complete design flexibility. This is a rare chance to acquire a significant parcel of land in a desirable Roanoke location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Roanoke
- State
- Virginia
- Longitude
- -79.9441
- Latitude
- 37.2
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA
