8118 Plantation Rd Roanoke, VA 24019-1616
This exceptional 10,889 square foot restaurant property presents a compelling redevelopment opportunity in Roanoke, Virginia. Located at 8118 Plantation Road, this 1.8-acre site boasts convenient access to Interstate 81 via Exit 146, ensuring high visibility and accessibility. The single-story building, constructed in 1970, sits on a sizable lot and is zoned C-2, offering flexibility for various commercial uses. The asking price is $650,000, translating to $59.69 per square foot. This prime location offers significant potential for investors seeking to capitalize on a high-traffic area with strong growth prospects. The property's size and zoning provide ample room for expansion or repurposing, making it an ideal investment for entrepreneurs and developers alike. The existing structure provides a solid foundation for a variety of commercial ventures, while the expansive lot allows for significant future development. This is a rare opportunity to acquire a substantial property in a desirable location with excellent access to major transportation routes. The property's potential is limited only by the imagination of the future owner. Serious inquiries are encouraged.
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Days Inn by Wyndham Roanoke Near I-81 Hotel & Motel
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hotel in Virginia Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Roanoke, VARoanoke. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.