934 Commander Dr - Specialty FOR SALE


Roanoke, VA 24012- Hollins
$495,000 USD
800-551-3588
934 Commander Dr, Roanoke, VA for Sale
$495,000 USD
Specialty - FOR SALE
1/121
null | Request Cap Rate

Apr '26


934 Commander Dr
Roanoke, VA 24012
Hollins


HIGHLIGHTS

  • Near Main Road
  • Close to Airport
  • Blank Slate

OVERVIEW

Woltz & Associates is offering at auction a historic estate located at 934 Commander Drive in Roanoke, Virginia, featuring a nearly 10,000± square foot Colonial-Revival residence situated on approximately 12.5± acres of private grounds. The property includes expansive lawn areas, mature trees, a pool, and a stately approach that lends itself well to a potential wedding or special events venue. The residence has been uninhabited for many years and will require repairs and updates; however, it provides a strong foundation and functional layout for redevelopment into a venue of this nature. The size and configuration of the home offer excellent potential for bridal suites, guest accommodations, and event-support areas once renovated. In addition to the main residence, the property features two log cabins with power in place, ideal for guest houses, retreats, or supplemental living space. Though in need of updating, these cabins represent a unique and valuable extension of the estate. Although currently zoned for residential use, a wedding or event venue would be possible through the County of Roanoke’s Special Use Permit (SUP) process. Given the acreage, setting, and surrounding land uses, the estate could be well suited for ceremonies, tented receptions, retreats, and similar special events. An additional feature is adjacent 18 acres land that is currently leased, offering the potential for equestrian-related uses with a riding ring, barn, expanded open space. Ould be ideal for horses or carriage-style weddings, creating a distinctive estate venue experience. The property is being offered via sealed-bid auction, with the auction scheduled for Tuesday, February 17 and bids due by noon. The Seller is also willing to consider pre-auction offers submitted prior to the auction date. If you or someone you know may have interest in this opportunity, I would be pleased to provide additional information, the property brochure, bid instructions, or arrange a private tour.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

A1054 - Cranwell House

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Lodge/Meeting Hall, Religious Facility, Sorority/Fraternity House

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.58 AC

LAND SF

547,985 SF

ZONING

R-1

APN/PARCEL ID

038.06-01-31

ASK ABOUT THIS PROPERTY

David BoushWoltz & Associates Inc.More Info
800-551-3588

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David BoushWoltz & Associates Inc.More Info
800-551-3588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.