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5378 Franklin Rd Sw, Roanoke, VA 24014

$850,000

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List Price: $850,000
Price Change: ▼ $150,000 1785474616
Days on Market: 285
Status: ACTIVE
MLS#: 924162
Lot Size (Acres): 7.06

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Property Description

PRIME COMMERCIAL OPPORTUNITY - 7.058 ACRES NEAR WALMART! Excellent opportunity to invest in 7.058 acres of commercial land conveniently located near Walmart and the Route 220 corridor! This property offers predominantly level terrain, providing potential for a variety of commercial uses, subject to zoning and necessary approvals. Convenient access from Clearbrook Lane is a major advantage, with a gravel road connecting Route 220 to Clearbrook Lane. The property features a natural branch, wooded acreage that could be cleared for additional usable space, an old corn crib, and, per seller, an existing well. Additional features include gas and water availability from Clearbrook Road and an electrical line running through the property. An existing billboard provides $950 in annual lease income, with the lease renewed year to year.With its generous acreage, convenient location near Walmart, and accessibility to Route 220, this property offers exciting possibilities for investors, developers, or businesses seeking room to grow!

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Additional Information

Area: 0230 - Roanoke County - South
Subdivision: N/A
Neighborhood: 0230 - Roanoke County - South
Taxes: $4,712
View: Mountain(s)
Water: None
Sewer: None
Elementary School: Clearbrook
Middle School: Cave Spring
High School: Cave Spring
Remarks: PRIME COMMERCIAL OPPORTUNITY - 7.058 ACRES NEAR WALMART! Excellent opportunity to invest in 7.058 acres of commercial land conveniently located near Walmart and the Route 220 corridor! This property offers predominantly level terrain, providing potential for a variety of commercial uses, subject to zoning and necessary approvals. Convenient access from Clearbrook Lane is a major advantage, with a gravel road connecting Route 220 to Clearbrook Lane. The property features a natural branch, wooded acreage that could be cleared for additional usable space, an old corn crib, and, per seller, an existing well. Additional features include gas and water availability from Clearbrook Road and an electrical line running through the property. An existing billboard provides $950 in annual lease income, with the lease renewed year to year.With its generous acreage, convenient location near Walmart, and accessibility to Route 220, this property offers exciting possibilities for investors, developers, or businesses seeking room to grow!