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Essex Ave

Roanoke, VA 24017
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Acres0.15

Acre(Lot)

Zoned RM-1 and priced well below tax assessment, this vacant building lot presents a strong investment opportunity with excellent potential for rental income or speculative development. The zoning allows flexibility for duplex, triplex, or other income-producing builds, making it ideal for contractors and builders looking to add value through new construction. Whether you're planning a spec home project or a long-term rental portfolio addition, this parcel offers a cost-effective entry point with solid upside in a growing market. A prime opportunity for those seeking to build, hold, or rent for consistent returns.

Detail Ic Property Details

Property Type : Land

Price : $8,750

AD Id : 78453116

MLS Id : 927487

Lot Size : 0.15 Acre(Lot)

Subdivision: Paradise Peninsula

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Feature Features

  • Lot Information

    Lot Size Acres: 0.15 Lot Description: Level

    Property Information

    Subdivision: Melrose Source Property Type: Land Zoning Description: R1

  • Listing Price Information

    Listing Price: $8750

  • Tax Information

    Parcel Number: 232-2904 Tax Lot: 4 Tax Block: 85 Annual Tax: $254.21

  • School Information

    Elementary School: Roanoke Academy of Math and Science
    Junior High School: Lucy Addison
    Senior High School: Patrick Henry
  • Location Information

    Direction: Take Melrose to 21st to Right on Moorman. Lot is located between house number 2121 and 2115 Moorman Ave
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Wyoming Ave, Roanoke, VA, 24017 $39,950 -- -- -- Acres (Lot)--
Gaymol Dr, Roanoke, VA, 24017 $107,740 -- -- -- 5.57 Acres(Lot)
1001 Hanover Ave, Roanoke, VA, 24017 $179,950 3 2 1,139 0.12 Acre(Lot)
1213 Gilmer Ave, Roanoke, VA, 24017 $11,000 -- -- -- 0.08 Acre(Lot)
14th St, Roanoke, VA, 24017 $11,500 -- -- -- 0.12 Acre(Lot)
1511 Essex Ave, Roanoke, VA, 24017 $22,000 -- -- -- 0.30 Acre(Lot)
1701 Grayson Ave, Roanoke, VA, 24017 $30,000 -- -- -- 0.13 Acre(Lot)
Dakota Ave, Roanoke, VA, 24017 $12,800 -- -- -- 0.15 Acre(Lot)
36th St, Roanoke, VA, 24017 $35,000 -- -- -- 0.50 Acre(Lot)
36th St, Roanoke, VA, 24017 $38,000 -- -- -- 0.69 Acre(Lot)

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ByOwner last updated this listing 06/09/2026 @ 11:55

MLS: 927487 LISTED BY: SHANE DUFF, WAINWRIGHT & CO., REALTORS(r) 540-387-5800 SOURCE: Roanoke Valley Association of REALTORS

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