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    6767 Cloverdale Rd Roanoke, VA 24019

    • Grocery and convenience stores
    • 4,120 SF
    • 1.37 lot acres
    For Sale
    View listing
    $275,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-1593700
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Stop In Food Stores / Convenience Store
    • CoinFlip Bitcoin ATM / Investment Service / Money Transfer Service
    • Shell / Atm / Convenience Store

    Property Details for 6767 Cloverdale Rd

    Year built
    2002
    Lot size
    1.37 lot acres
    Property size
    4,120 SF
    Zone code
    B-2
    Property type
    Grocery and convenience stores
    APN
    107-228B
    APU
    107228B

    Description

    This exceptional 10.65-acre commercial development site presents a compelling investment opportunity in Botetourt County, Virginia. Located at 6767 Cloverdale Road, Roanoke, VA 24019, this flat parcel boasts high visibility due to its frontage along Highway 220. The property's strategic location offers convenient access to major transportation arteries, including Highway 460 and Interstate 81, providing seamless connectivity to the City of Roanoke, Botetourt County, and Roanoke County. Zoned for multifamily development (buyer to verify), this site is ideal for a variety of projects, capitalizing on the strong demand for housing in the area. The asking price for this prime development land is $275,000. Its size and location make it an attractive proposition for developers seeking a high-traffic area with excellent accessibility. The flat terrain simplifies development, reducing potential site preparation costs. This property represents a rare chance to acquire a significant parcel of land in a thriving region, poised for substantial growth and return on investment. Further due diligence is recommended to confirm zoning and development regulations.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Botetourt
    State
    Virginia
    Longitude
    -79.8845
    Latitude
    37.3521
    CBSA code
    40220
    CBSA name
    ROANOKE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $417,700
    $697,500
    $1,115,200
    -
    $417,700
    $697,500
    $1,115,200

    Comparable in this City

    • Value Estimation
      $815,000
      5,572 SF

      1812 Thompson Memorial Dr

      CONVENIENCE STORE • 5,572 SF
      1812 Thompson Memorial Dr, Roanoke, VA 24019-5532
      View Details
    • Value Estimation
      $555,000
      2,880 SF

      5002 Plantation Rd

      CONVENIENCE STORE • 2,880 SF
      5002 Plantation Rd, Roanoke, VA 24019-5238
      View Details
    • Value Estimation by Request
      41,268 SF

      4950 Plantation Rd

      GROCERY, SUPERMARKET • 41,268 SF
      4950 Plantation Rd, Roanoke, VA 24019-5216
      View Details
    • Value Estimation
      $345,000
      4,400 SF

      1823 Thompson Memorial Dr

      CONVENIENCE STORE • 4,400 SF
      1823 Thompson Memorial Dr, Roanoke, VA 24019-5533
      View Details
    • Value Estimation
      $535,000
      1,530 SF

      7107 Williamson Rd

      CONVENIENCE STORE • 1,530 SF
      7107 Williamson Rd, Roanoke, VA 24019-4232
      View Details
    • Value Estimation
      $1,195,000
      5,096 SF

      5410 Peters Crk Rd, Unit 5420

      CONVENIENCE STORE • 5,096 SF
      5410 Peters Crk Rd, Roanoke, VA 24019-3848
      View Details

    Similar Nearby for Sale

    • $595,000
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      Profitable Restaurant, Fully Equipped
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    • $650,000
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      Redevelopment Opportunity Near Interstate 81

      Redevelopment opportunity with 10,889 square feet of space.
      8118 Plantation Rd, Roanoke, VA 24019
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    • $275,000
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      Roanoke Commercial Land - 10.65 Acres

      Prime Roanoke development land, high traffic, flat parcel.
      0 Cloverdale Rd, Roanoke, VA 24019
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    • $1,095,000
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      Prime Hollins Commercial Land

      1.97 Acres, Build-to-Suit Options
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    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Retail Space with National Tenants

      Retail space with Food Lion and Domino's Pizza.
      4812-4830 Hollins Rd, Roanoke, VA 24019
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    • $14 SF/Yr
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      North Roanoke Plaza Retail/Office Space

      Retail and office spaces available in North Roanoke Plaza.
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    • $25 SF/Yr
      1,825 SF

      Retail Space in High-Growth Area

      Retail space available in a high-visibility, growing location.
      7000 Peters Creek Rd, Roanoke, VA 24019
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    • $13 SF/Yr
      3,037 SF

      Woodhaven Office Park: Prime Roanoke Space

      Class A Office Suites, North Roanoke, VA
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      View Details
    • $13 SF/Yr
      1,834 SF

      Roanoke Office Space For Rent

      Office space for rent with easy access to highways.
      6711 Peters Creek Rd, Roanoke, VA 24019
      View Details
    • $12 SF/Yr
      3,800 SF

      Roanoke County Office Space Available

      Office suites for lease on Electric Road with ample parking.
      7535 Williamson Rd, Roanoke, VA 24019
      View Details
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    Roanoke, VA 24019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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