8118 Plantation RdRoanoke, VA 24019

  • Hospitality properties
  • 52,236 SF
For Sale
$650,000 View listing

Property Details for 8118 Plantation Rd

Year built
1970
Lot size
5.28 AC
Property size (Sq ft)
52,236 SF
Zone code
C2
Property type
Hospitality properties
Property subtype
Hotels
APN
018.18-01-02
APU
18180102

Description

This exceptional 10,889 square foot restaurant property presents a compelling redevelopment opportunity in Roanoke, Virginia. Located at 8118 Plantation Road, this 1.8-acre site boasts convenient access to Interstate 81 via Exit 146, ensuring high visibility and accessibility. The single-story building, constructed in 1970, sits on a sizable lot and is zoned C-2, offering flexibility for various commercial uses. The asking price is $650,000, translating to $59.69 per square foot. This prime location offers significant potential for investors seeking to capitalize on a high-traffic area with strong growth prospects. The property's size and zoning provide ample room for expansion or repurposing, making it an ideal investment for entrepreneurs and developers alike. The existing structure provides a solid foundation for a variety of commercial ventures, while the expansive lot allows for significant future development. This is a rare opportunity to acquire a substantial property in a desirable location with excellent access to major transportation routes. The property's potential is limited only by the imagination of the future owner. Serious inquiries are encouraged.

8118 Plantation Rd, Roanoke, Virginia

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.3593
Longitude
-79.9589
CBSA code
40220
CBSA name
ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$26,597
$785,400
$1,772,000
$2,557,400
-
$785,400
$1,772,000
$2,557,400

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