For Sale
$1,500,000

3659 Orange AveRoanoke, VA 24012

3.96 Acres, Approved Restaurant Site

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 3.96-acre commercial land parcel in Roanoke, Virginia, presents a unique investment opportunity. Located on Orange Avenue NE (near Highway 460), this property boasts 300 feet of frontage and is zoned MXPUD, allowing for diverse development options. A city-approved site plan is already in place, significantly expediting the development process. The property benefits from high visibility and traffic counts of 39,000 AADT, situated on the "going home" side of Highway 460, ensuring consistent traffic flow. Its convenient location is just ten minutes from downtown Roanoke and surrounded by strong, established retailers. The land is largely flat and easily developable. A significant portion (approximately one acre) is approved for a drive-thru restaurant, offering a compelling opportunity for fast-food or quick-service establishments. The entire 3.96-acre parcel is available for $1,500,000; a smaller, one-acre portion (suitable for a drive-thru) is also available for separate purchase at $799,000. The property's APN is 7110122, 7110106. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. Don't miss this chance to acquire a prime commercial property in a rapidly growing area.

Highlights

  • $1,500,000 asking price for 3.96 acres of commercial land.
  • MXPUD zoning, approved for restaurant and fast food with drive-thru.
  • 39,000 AADT traffic count on a high-visibility location on Highway 460.
  • Ten-minute proximity to downtown Roanoke and strong retail presence nearby.

Property Details for 3659 Orange Ave

Property type
Land
Lot Size (sq. ft)
172,498 SF

Location Insight

City
Roanoke
County
Botetourt
State
Virginia
Latitude
37.307548190145
Longitude
-79.888179316341
3659 Orange Ave, Roanoke, Virginia

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3659 Orange Ave
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