0 20th St NE Roanoke, VA 24012
Eastgate NeighborhoodEstimated payment $4,692/month
About This Lot
Welcome to a unique offering in a growing part of townthree combined parcels totaling a versatile and scenic property zoned R-5 for residential and multi-family development. This location is poised for progress and presents a blank canvas for investors, builders, or visionaries ready to take advantage of the area's momentum.The two main parcels feature a gently elevated landscape with standing timber, offering natural beauty and potential long-range mountain views. These parcels are accessible from both ends, making them ideal for a thoughtfully designed development. Public water and sewer are available along the road for easy utility connection.The third parcel, located across 20th Street, is just over a half-acre and borders Tinker Creek, with a gently sloping terrain ideal for green space or use as a staging area during construction.Set directly across from Tinker Creek Greenway and East Gate Park, this property offers a balance of recreation, convenience, and long-term potential. Enjoy the park's wide-open fields, trails, and amenitiesall contributing to the location's appeal for future tenants or homeowners.Whether you're considering an apartment complex, townhomes, or build-to-rent units, this site checks all the boxes for a strategic long-term investment.Property Highlights:R-5 zoning allows for multi-family developmentPublic water and sewer available1.5 miles to Route 460Across from East Gate Park and Tinker Creek GreenwayCreek frontage on third parcelExcellent topography for buildingBring your plans and take advantage of this opportunity to create something special in an area that's already seeing exciting transformation.
Property Details
Property Type
- Land
Lot Details
- Mountainous Lot
- Current uses include timber
- Potential uses include for development
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/17/2025 01/17/25 | For Sale | $750,000 | +3650.0% | -- | |
| 09/25/2023 09/25/23 | Sold | $20,000 | -11.1% | -- | View Prior Sale |
| 09/22/2023 09/22/23 | Pending | -- | -- | -- | |
| 09/08/2023 09/08/23 | For Sale | $22,500 | -- | -- |
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