This 1.25-acre parcel presents a prime opportunity for development in a well-established Roanoke location.
Zoned R-7, the property offers strong potential for a custom home or future residential development opportunities, subject to city approval.
With its size, location, and zoning, this parcel is well-suited for those looking to secure land for future development in an area with continued growth and demand.
Land Used to house a 2-story 4bedroom 2bath homes in the past. Minutes from Virginia Western Community College, Carilion Hospital, US-HWY 220, Towers Shopping Center and MORE!!!
The property may be purchased individually or in conjunction with the adjacent mixed-use property (MLS #927404)
Pending
$150,000
2717 Colonial Ave SW, Roanoke, VA 24015
--beds
0baths
1.25Acres
Unimproved Land
Built in ----
1.25 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 116 days
- 15
- 0
Zillow last checked:
Listing updated:
Listed by:
ASHLEY NICOLE CANTY 540-819-3602,
REAL BROKER LLC - MCLEAN 855-450-0442
Source: RVAR,MLS#: 927403
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 1.25 Acres
- Features: Level
Details
- Parcel number: 1260313
Utilities & green energy
- Sewer: Public Sewer
- Water: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Tax assessed value: $41,700
- Annual tax amount: $508
- Date on market: 5/9/2026
- Cumulative days on market: 63 days
Estimated market value
Not available
Estimated sales range
Not available
$1,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Pending sale | $150,000 |
Source:  RVAR #927403 Report a problem | ||
| 5/9/2026 | Listed for sale | $150,000+20% |
Source: RVAR #927403 Report a problem | ||
| 1/17/2005 | Sold | $125,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $509 +27.9% | $41,700 +27.9% |
| 2024 | $398 +13.2% | $32,600 +13.2% |
| 2023 | $351 | $28,800 |
| 2022 | $351 +19.5% | $28,800 +19.5% |
| 2021 | $294 -11.1% | $24,100 +4.8% |
| 2020 | $331 +29.6% | $23,000 +10% |
| 2019 | $255 -22.9% | $20,900 |
| 2018 | $331 | $20,900 |
| 2017 | $331 | $20,900 |
| 2016 | $331 +32.9% | $20,900 |
| 2015 | $249 | $20,900 -81.2% |
| 2012 | -- | $111,300 -8% |
| 2011 | -- | $121,000 |
| 2010 | -- | $121,000 |
| 2009 | -- | $121,000 |
| 2008 | -- | $121,000 +4% |
| 2007 | -- | $116,400 +15.5% |
| 2005 | -- | $100,800 +2.6% |
| 2004 | -- | $98,200 +7.9% |
| 2003 | -- | $91,000 +9% |
| 2002 | -- | $83,500 +5.6% |
| 2001 | -- | $79,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Franklin Colonial
Nearby schools
Schools provided by the listing agent
- Elementary: Fishburn Park
- Middle: James Madison
- High: Patrick Henry
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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