1411 24Th StRoanoke, VA 24012

Property Details for 1411 24Th St

Lot size

8.32 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 8.32-acre commercial development site in Roanoke, Virginia, presents a unique investment opportunity. Located at 1411 24th St NE, zip code 24012, this property boasts an ideal location along one of the busiest roadways in the Roanoke Valley, with over 30,000 vehicles passing daily. The land is zoned R-5, offering significant development potential. Its gently sloping terrain and distinctive peninsula shape provide convenient access from both Hwy 460 (over 600 feet of frontage) and Daleton Road (over 800 feet of frontage). The asking price is $375,000, translating to a land value of $1.03 per square foot. This prime location is adjacent to a new multifamily development, suggesting strong market demand and potential for synergistic growth. The property's size and strategic positioning make it an attractive prospect for various commercial ventures. This is a rare opportunity to acquire a substantial parcel of land in a high-growth area with excellent visibility and accessibility. Serious inquiries are encouraged.

Location Insight

City

Roanoke

County

Roanoke

State

Virginia

Latitude

37.2926

Longitude

-79.9082

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