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1506 Main Street, Roanoke, AL 36274

Roanoke
Local realty services provided by:CENTURY 21 Realty 1 Professionals
1506 Main Street,Roanoke, AL 36274
$5,500,000
  • 20.3 Acres
  • Lots / Land
  • Active
Listed by: jelani linder
Office: cbc metro brokers
MLS#:10858274
Source:METROMLS

Price summary

  • Price:$5,500,000

About this home

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% requirement and a 38'-4" building height against a 45' maximum. It is sequenced in six phases with water and sewer stub-outs, so a builder can match deliveries to lease-up. The community is designed as a...

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Home facts

  • Subdivision & Development:None
  • Listing ID #:10858274
  • Updated:October 24, 2026 at 11:28 AM

Structure and exterior

  • Lot area:20.3 Acres

Schools

  • High school:Randolph
  • Middle school:Randolph
  • Elementary school:Wadley

Finances and disclosures

  • Price:$5,500,000
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed October 24, 2026 METROMLS Member Broker: Angela Whitmire

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