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!
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
- 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#: 924162
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
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $850,000-15% |
Source: | ||
| 1/21/2026 | Listed for sale | $1,000,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
Climate risks
Neighborhood: 24014
Nearby schools
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.






