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0 Luck Ave - Luck Ave SW Parking Lot 0.27 Acres of Commercial Land Offered at $245,000 in Roanoke, VA 24016
INVESTMENT HIGHLIGHTS
- Flat, usable parcel with existing parking infrastructure in place
- Parking lot with long-term redevelopment potential (buyer to verify zoning and uses)
- Located near Jefferson Center, YMCA, and surrounding offices, businesses, and cultural venues
EXECUTIVE SUMMARY
The site also presents an attractive redevelopment opportunity given its downtown location, walkability, and proximity to key amenities. With limited remaining developable land in the urban core, the property offers investors and developers the flexibility to operate the parking lot as-is while planning for future redevelopment (buyer to verify zoning and allowable uses).
This is a rare opportunity to acquire a functional parking asset with long-term upside in one of Roanoke’s most active downtown corridors.
PROPERTY FACTS
| Price | $245,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Parking Lot |
| No. Lots | 1 | Total Lot Size | 0.27 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $245,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 0.27 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $245,000 | Lot Size | 0.27 AC |
| Price Per AC | $907,407.41 |
| Price | $245,000 |
| Price Per AC | $907,407.41 |
| Lot Size | 0.27 AC |
Downtown Roanoke parking lot available for business use or investment. Flat, paved surface with around 31 parking spaces with future redevelopment potential. Located near Jefferson Center, YMCA, offices, and restaurants.
DESCRIPTION
Located in Downtown Roanoke near the Jefferson Center, YMCA, and surrounding businesses, this property benefits from strong parking demand and excellent walkability. The site functions as a parking lot today while offering future redevelopment potential in one of Roanoke’s most active corridors. Ideal for investors or developers seeking interim cash flow with long-term upside (buyer to verify zoning and uses).
Presented by
0 Luck Ave - Luck Ave SW Parking Lot
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