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3659 Orange Ave NE - +/- 4 Acres Land

3.96 Acres of Commercial Land Offered at $1,500,000 in Roanoke, VA 24012

Investment Highlights

  • Traffic Count 39,000 AADT
  • Ten Minutes from Downtown Roanoke
  • "Going home" Side of Highway 460
  • Strong Retailers Nearby

Executive Summary

This offering includes all of Tax parcel number 7110122 with +/- 2.96 AC and the +/- 1 acre behind the car wash. This property is zoned MXPUD and has a site plan that includes a fast-food restaurant for parcel 7110122 and a full-service restaurant for parcel 7110166.
The front pad of the +/- 2.96 acres, comprising a little over one acre, is approved for a drive-thru and has a separate asking price of $799,000.

on that parcel approved for a full-service restaurant. The approved site plan is attached here for review.

Property Facts

Price $1,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 3.96 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $1,500,000
Price Per AC $378,788
Lot Size 3.96 AC

This parcel includes all of Tax parcel number 7110122 and 7110166 (not to include the car wash). This property is zoned MXPUD, and has a site plan that includes a fast food restaurant, and a full service restaurant.

Description

Highly desirable location on Orange Ave, these spacious lots offer approximately +/- 3.96 acres of flat, developable land. With 300 feet of frontage and zoned MXPUD, it is equipped to accommodate a diverse range of uses. The City of Roanoke has already approved a site plan for this property, streamlining the development process. Easy access to Orange Ave/460 with strong retailers nearby. The front pad of the +/- 2.96 acres, comprising a little over one acre, is approved for a drive-thru and has a separate asking price of $799,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 711-0106
  • 711-0122
Land Assessment
$1,223,400
Improvements Assessment
$813,300
Total Assessment
$2,036,700

zoning

Zoning Code MXPUD (Mixed Use PUD)
MXPUD (Mixed Use PUD)
  • Listing ID: 22723147

  • Date on Market: 4/13/2021

  • Last Updated:

  • Address: 3659 Orange Ave NE, Roanoke, VA 24012

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