1506 Main Street
Roanoke, AL 36274
20.30Acres(Lot)
Coldwell Banker Commercial Metro Brokers presents Reserves at Roanoke, a 20.30-acre multifamily development site at 1506 Main St in Roanoke, Alabama. The site plan calls for 408 units in 34 twelve-unit buildings: 12 one-bedroom buildings (144 units) and 22 two-bedroom buildings (264 units), 672 bedrooms in total. The project is well past the paper stage. A full 22-sheet civil plan set by Praestare Engineering was issued for construction on 6/27/2025. It covers layout, utilities, grading and drainage, erosion control and construction details. Sanitary sewer is installed and building pads are prepared, and the remaining off-site item is extending water to the site (seller estimate $45,000). The plan is drawn to the R-3 maximum of 20 DU/acre with 53.91% open space against a 40% requirem
Property Details
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What's Nearby
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Features
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Water/Sewer
Water Source: Other Sewer: Other -
Utilities
Other
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Lot Information
Lot Size (Acr): 20.3 Lot Size Source: Other Lot Features: Other -
Property Information
Property Type: Land Property Sub Type: Unimproved Land Subdivision: None City: Roanoke State: AL Directions: GPS Property Status: New
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Listing Price Information
Original List Price: $5,500,000
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Tax Information
Annual Tax: $0 Tax Year: 2026
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School Information
Elementary School: Wadley High School: Randolph Middle School: Randolph Source Neighborhood: None
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| County Road 87 #6, Roanoke, AL, 36274 | $57,000 | -- | -- | -- | 5.70 Acres(Lot) |
| County Road 87 #5, Roanoke, AL, 36274 | $70,000 | -- | -- | -- | 7 Acres(Lot) |
| County Road 87 #4, Roanoke, AL, 36274 | $110,000 | -- | -- | -- | 11 Acres(Lot) |
| Highway 431, Roanoke, AL, 36274 | $72,500 | -- | -- | -- | 1 Acre(Lot) |
| Highway 431, Roanoke, AL, 36274 | $110,000 | -- | -- | -- | 11 Acres(Lot) |
| CR 79 Clark Street, Roanoke, AL, 36274 | $42,000 | -- | -- | -- | 1.50 Acres(Lot) |
| Satterwhite Street, Roanoke, AL, 36274 | $125,000 | -- | -- | -- | 11.75 Acres(Lot) |
| 1126 County Road 145, Roanoke, AL, 36274 | $589,000 | -- | -- | -- | 89 Acres(Lot) |
Similar Land To 1506 Main Street
Nearby For Sale
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.
ByOwner last updated this listing 10/04/2026 @ 22:22
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