Manning Rd Ne, Roanoke, VA 24012
- $750,000
- List Price
- $750,000
- Days on Market
- 147
- Status
- ACTIVE
- MLS#
- 926611
- Lot Size (Acres)
- 10.33
Property Description
Exceptional development opportunity in the heart of Roanoke City--two adjacent parcels totaling over 10 acres, offering scale, flexibility, and significant upside for the right buyer. Currently zoned R-5, these properties present a compelling opportunity for rezoning to RMF (Residential Multi-Family), unlocking the potential for higher-density residential development. With over 10 acres of contiguous land, this site is ideally suited for apartment complexes, townhome communities, or other dense residential projects. The size and configuration provide the ability to thoughtfully design a multi-phase development, maximize unit count, and incorporate amenities that today's renters demand. Positioned within Roanoke City limits, the property benefits from proximity to employment centers, healthcare, retail, and major transportation routes-key drivers for strong rental demand. The surrounding area continues to see growth and redevelopment, making this an ideal location for forward-thinking investors and developers. Whether you are looking to build a large-scale apartment community or capitalize on the increasing demand for multi-family housing, this property offers the rare combination of acreage, location, and rezoning potential. Opportunities of this size and flexibility within the city are limited-bring your vision and explore the possibilities.
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Additional Information
- Area
- 0150 - City of Roanoke - NE
- Subdivision
- N/A
- Neighborhood
- 0150 - City of Roanoke - NE
- Taxes
- $2,143
- View
- City, Mountain(s)
- Water
- Other
- Sewer
- Other
- Elementary School
- Monterey
- Middle School
- Lucy Addison
- High School
- William Fleming
- Remarks
- Exceptional development opportunity in the heart of Roanoke City--two adjacent parcels totaling over 10 acres, offering scale, flexibility, and significant upside for the right buyer. Currently zoned R-5, these properties present a compelling opportunity for rezoning to RMF (Residential Multi-Family), unlocking the potential for higher-density residential development. With over 10 acres of contiguous land, this site is ideally suited for apartment complexes, townhome communities, or other dense residential projects. The size and configuration provide the ability to thoughtfully design a multi-phase development, maximize unit count, and incorporate amenities that today's renters demand. Positioned within Roanoke City limits, the property benefits from proximity to employment centers, healthcare, retail, and major transportation routes-key drivers for strong rental demand. The surrounding area continues to see growth and redevelopment, making this an ideal location for forward-thinking investors and developers. Whether you are looking to build a large-scale apartment community or capitalize on the increasing demand for multi-family housing, this property offers the rare combination of acreage, location, and rezoning potential. Opportunities of this size and flexibility within the city are limited-bring your vision and explore the possibilities.
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Listing courtesy of WAINWRIGHT & CO., REALTORS®- LAKE.