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0 Electric Rd, Roanoke, VA 24018
Roanoke, VA 24018
Land For Sale · 3.80 AC

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INVESTMENT HIGHLIGHTS

  • High visibility location near Cave Spring Corners
  • Annual average daily traffic count of 25,000 vehicles per day
  • Strategically positioned near major thoroughfares

EXECUTIVE SUMMARY

This exceptional +/- 3.8-acre parcel presents a unique investment opportunity in a rapidly expanding area of Southwest Roanoke County. Its strategic location near the intersection of Electric Road and Brambleton Avenue ensures high visibility and exceptional accessibility, making it an ideal site for a variety of commercial developments. Surrounded by thriving, high-end residential neighborhoods, banks, highly-rated schools, and diverse dining and shopping options, this parcel is perfectly positioned to capitalize on Roanoke County's strong growth trajectory. Its versatile C1C zoning allows for a wide range of commercial uses, providing developers with significant flexibility.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 3.80 AC
Zoning C1C - Commercial

1 LOT AVAILABLE

Lot

Price $1,370,005 CAD
Price Per AC $360,527.76 CAD
Lot Size 3.80 AC

The lot is rolling and has 200 feet of road frontage on the highly valuable 419 corridor. Directly adjacent to the Till office buildings at 3070 and 3090 Electric.

DESCRIPTION

This exceptional +/- 3.8-acre parcel presents a unique investment opportunity in a rapidly expanding area of Southwest Roanoke County. Its strategic location near the intersection of Electric Road and Brambleton Avenue ensures high visibility and exceptional accessibility, making it an ideal site for a variety of commercial developments. Surrounded by thriving residential neighborhoods, banks, highly-rated schools, and diverse dining and shopping options, this parcel is perfectly positioned to capitalize on the area's strong growth trajectory. Its versatile C1C zoning allows for a wide range of commercial uses, providing developers with significant flexibility. Key Advantages: High Visibility & Accessibility: Benefit from a prominent location with easy access for customers and employees. Desirable Location: Surrounded by residential areas, ensuring a strong customer base and ample workforce. Versatile Zoning: Explore a variety of development options with C1C zoning. Growth Potential: Capitalize on the area's continued expansion and increasing property values.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
076.16-01-39.01-0000
Land Assessment
$978,898 CAD
Improvements Assessment
$0 CAD
Total Assessment
$978,898 CAD
  • Listing ID: 33478074

  • Date on Market: 2024-10-10

  • Last Updated:

  • Address: 0 Electric Rd, Roanoke, VA 24018, Roanoke, VA 24018

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