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Listing Information

5.1 AC on Orange Ave

Property Information
Type
:
Land
Year(s) Built/Renovated:
:
Zoning:
:
RM-2
For
:
Sale
Price
:
$650,000

Located in the heart of the Roanoke Valley, this 5.1 acre site in the 3500 block of Orange Avenue is a prime development opportunity. It is situated in a vibrant retail and commercial corridor near the Roanoke Centre for Industry & Technology. Leading companies in RCIT include Advance Auto Parts, Bimbo Bakeries, Eaton, Elizabeth Arden, Fed Ex Ground, Orvis and Amazon. The area continues to attract residential development with a 758-unit apartment complex having been approved. The Annual Average Daily Traffic count along Orange Avenue is approximately 38,000 vehicles per day. The current Roanoke City zoning is RM-2 which permits residential and some commercial uses. This parcel can be purchased with an adjoining 3.93 acres in an additional four parcels which is also listed for sale by Hall Associates, Inc.

 
Gavin Hollingsworth
Phone: 540-982-0011
A Roanoke native, Gavin Hollingsworth brings a unique brand of...
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Thomas Turner
Phone: 540-857-5858
Thomas S. Turner, CCIM, SIOR, has been active in commercial...
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