5378 Franklin RD SW, Roanoke, VA 24014
$850,000
Property Type:
Land
Lot Size (sq. ft.):
307,534
Status:
Active
Current Price:
$850,000
List Date:
1/21/2026
Last Modified:
10/17/2026
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!
More Information MLS# 924162
General Property Description
Land Type: Land (Acreage)
Land Sub-Type: Commercial Land
Total Acreage: 7.06
Manufactured Allowed: No
Water Class: N/A
Location, Tax & Legal
Major Area: 02 - Roanoke County
Phase: 0
Subdivision Map: Roank CO Narrows
Lot: 0
Block: 0
Tax ID: 098.02-03-02.00-0000
Annual Taxes: 4712.25
Section: 0
Zoning Code: Commercial
POA Y/N: No
Area: 0230 - Roanoke County - South
Street Number: 5378
Street Name: Franklin
Street Suffix: RD
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24014
Subdivision: N/A
Municipality: Roanoke County
Elementary School: Clearbrook
Middle School: Cave Spring
High School: Cave Spring
Remarks & Misc
Public 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!
Directions: 220 South behind Log Cabins on 220 S (near Walmart), plus you can enter from Clearbrook Road.
Limited Service
Not Limited Service: 1
Land Description
Level: 1
Views
Mountain(s): 1
Misc Features
Cable TV Avail: 1
Property Description
Private Road: 1
Water Description
None: 1
Documents Available
Survey: 1
Sewer Description
None: 1
Electric Description
Above Ground: 1
Internet Access
Cable: 1
Contract Information
Current Price: $850,000
List Price: $850,000
List Date: 2026-01-21
Status: Active
Property Features
Limited Service: Not Limited Service
Land Description: Level
Views: Mountain(s)
Misc Features: Cable TV Avail
Property Description: Private Road
Documents Available: Survey
Electric Description: Above Ground
Water Description: None
Sewer Description: None
Internet Access: Cable
Listing Office: MKB, REALTORS®
Last Updated: October - 17 - 2026
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