Exceptional development opportunity in the heart of Roanoke City--two adjacent parcels totaling over 10 acres, offering scale, flexibility, and significant upside for the right buyer. Currently zoned R-5, these properties present a compelling opportunity for rezoning to RMF (Residential Multi-Family), unlocking the potential for higher-density residential development. With over 10 acres of contiguous land, this site is ideally suited for apartment complexes, townhome communities, or other dense residential projects. The size and configuration provide the ability to thoughtfully design a multi-phase development, maximize unit count, and incorporate amenities that today's renters demand. Positioned within Roanoke City limits, the property benefits from proximity to employment centers, healthcare, retail, and major transportation routes-key drivers for strong rental demand. The surrounding area continues to see growth and redevelopment, making this an ideal location for forward-thinking investors and developers. Whether you are looking to build a large-scale apartment community or capitalize on the increasing demand for multi-family housing, this property offers the rare combination of acreage, location, and rezoning potential. Opportunities of this size and flexibility within the city are limited-bring your vision and explore the possibilities.
Vacant landProperty Type
10.33 acresLot Size
$72,604Price/Acres
Listed by TREVOR NORFORD• WAINWRIGHT & CO., REALTORS®- LAKE
Listed by ASHLEY DONAHUE• WAINWRIGHT & CO., REALTORS®
Eastgate, located between Williamson Road and I-581, is a residential and commercial Roanoke neighborhood with mid-century ranch streetscapes and a retail corridor feel. The neighborhood’s character concentrates around the Williamson Road corridor near the Valley View area, where storefront plazas, service counters, and steady traffic set a practical, on-the-go rhythm. Housing leans toward brick one-level homes and small apartment communities, with mature trees buffering busier arterials. Green space and recreation cluster nearby at the Roanoke River Greenway and Wasena Park, balancing the hard-working commercial edges. For local pillars, the Berglund Center anchors big-event nights, while the Roanoke Pinball Museum and Taubman Museum of Art add hands-on culture a short drive away.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Approximately 10.33 acres of land
Lot listed in acres
Zoning: 5
Directions: 20th St from Orange Ave/460 to signs on right after Manning and before Masons Mill, or right on Manning to property on left
Home design
Property type: Land (Acreage)
Financial info
Annual tax amount listed
Other
Parcel numbers: 7170402, 3240317
Listing price provided
Electricity and solar
View estimated energy costs and solar savings for this home
The purposes of the R-5 districts are to provide a range of housing options and to provide opportunities for compatible home-based entrepreneurship. Dimensional and supplemental regulations implement standards that control building form building placement and other characteristics of development. These districts cover the majority of the City's land area and contain most of Roanoke's housing supply
Permitted uses
Include but are not limited to:
Garden center
Housing
Infrastructure
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
6 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Roanoke, VA • 24012
Average low and high temperatures (°F)
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71
48
61
42
47
31
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Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Manning Rd NE
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $220,000 and $417,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $220K to $417K.