Skip main navigation
Lot/land
  • $850,000

    5378 Franklin Rd, Roanoke, VA 24014

    --beds
    0baths
    7.06Acres
    Unimproved Land
    Built in ----
    7.06 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Branch running throughLevel land
    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!
    285 days
    29
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    CHERYL B HAM 540-353-4262,

    MKB, REALTORS® 540-989-4555,

    TROY HAM 540-537-0773,

    MKB, REALTORS®

    Source: RVAR,MLS#: 924162MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 7.06 Acres
      • Features: Level
      Details
      • Parcel number: 098.020302.000000
      • Zoning: Commercial

      Utilities & green energy

      • Electric: Above Ground
      • Sewer: None
      • Water: None

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Roanoke

      Financial & listing details

      • Tax assessed value: $457,500
      • Annual tax amount: $4,712
      • Date on market: 1/21/2026
      • Cumulative days on market: 287 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/31/2026Listed for sale$850,000-15%
        Source: RVAR #924162 Report a problem
        1/21/2026Listed for sale$1,000,000
        Source: RVAR #924162 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,712 -1%$457,500
        2024$4,758 -1.9%$457,500
        2023$4,850 -2.8%$457,500
        2022$4,987 $457,500
        2021$4,987 $457,500
        2020$4,987 $457,500
        2019$4,987 $457,500
        2018$4,987 $457,500
        2017$4,987 $457,500
        2016$4,987 $457,500
        2015$4,987 $457,500
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 24014

        Getting around

        0 / 100
        No Nearby Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Clearbrook
        • Middle: Cave Spring
        • High: Cave Spring

        Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts