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5458 Franklin RdRoanoke, VA 24014

Prime 0.86-acre motel site, high traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 0.86-acre development opportunity is situated on heavily trafficked Franklin Road SW in Roanoke, Virginia, near a Walmart Supercenter. The property boasts significant road frontage and a convenient crossover for easy access, making it an ideal location for a variety of commercial ventures. Built in 1930, the site currently includes two existing buildings on a mostly level and clear lot, presenting a blank canvas for redevelopment. The address is 5458 Franklin Rd SW, Roanoke, VA 24014. This prime location offers excellent visibility and accessibility, with the potential to capitalize on the high volume of traffic in the area. The asking price for this exceptional property is $1,295,000. The property's size and location make it a compelling investment opportunity for developers seeking to create a new commercial project in a thriving area. The existing buildings offer potential for repurposing or demolition, allowing for complete design flexibility. This is a rare chance to acquire a significant parcel of land in a desirable Roanoke location.

Highlights

  • Price: $1,295,000
  • Land property totaling 0.86 acres.
  • Two existing buildings on site.
  • Located on high-traffic Franklin Rd near a Walmart Supercenter.
  • Excellent road frontage and crossover for convenient access.
  • Mostly level, clear lot.

Property Details for 5458 Franklin Rd

Property type
Land, Hospitality properties
Year Built
1930
Buildings
2
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.19977134
Longitude
-79.9442671
5458 Franklin Rd, Roanoke, Virginia

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5458 Franklin Rd
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