3659 Orange AveRoanoke, VA 24012
- Land
- 1,608 SF
Property Details for 3659 Orange Ave
- Year built
- 1948
- Construction
- WOOD FRAME
- Lot size
- 2.97 AC
- Property size (Sq ft)
- 1,608 SF
- Zone code
- MXPUD
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 711-0122
- APU
- 7110122
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $201,929
- Hospitality
- $184,966
- Educational
- $153,889
- Medical
- $159,182
- Retail
- $239,384
Location Insight
- City
- Roanoke
- County
- Roanoke City
- State
- Virginia
- Latitude
- 37.3071
- Longitude
- -79.8874
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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