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Office Building Recently Remodeled
For Sale
$1,350,000

4040 Franklin Rd SW, Roanoke, VA 24014

COMMERCIAL - Roanoke, VA

Property SizeContact for details
Lot Size0.79 Acres
Days on Market307

Property Features for 4040 Franklin Rd SW

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bathroom 3
Directions 220S at Tanglewood to Austin's Appliance on the Left.
Subdivision 0120 - City of Roanoke - South
Standard status Active
APN 548-0714 & 548-0707
Lot size 0.79 Acres

Taxes and HOA fees

Tax Annual Amount 9270

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1985
Flooring type Vinyl
Listing Agency: WAINWRIGHT & CO., REALTORS(R)
Listed By: ASHLEY WAINWRIGHT DONAHUE
Added: Oct 3, 2025 Changed: Aug 4 Last Checked: Aug 5 at 8:06PM
MLS# 921564

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office building was built in 1985 and is situated on two parcels totaling 0.79 acre. The property features vinyl flooring and includes three bathrooms. Public water and public sewer service are available.

The site is located at 4040 Franklin Rd SW in the City of Roanoke, along Franklin Road/Route 220. VDOT reports a daily traffic count of 32,000, supporting retail and professional visibility. The property has undergone a full remodel less than 3 years ago.

The offering includes a separate option for a turn-key appliance business; the building itself is positioned for office use and compatible professional activity along an active commercial corridor.

Key Highlights

  • Two parcels totaling 0.79 acre at 4040 Franklin Rd SW, Roanoke, VA 24014
  • VDOT daily traffic count: 32,000 on Franklin Road/Route 220
  • Built in 1985

Property Analytics

Current Use

Austin's Appliance (Bike/Boat/Book/etc) Store child life playsets Department Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Building Supply Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 24014, VA

16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
Median Home Value

Market

Vacancy Rate% for Office in Roanoke, VA

5% 2019
6% 2020
7.5% 2021
7% 2022
7.6% 2023
5.6% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building on public water and sewer with recent remodel and strong nearby daily traffic counts.
Where is this office building located?
The property is located at 4040 Franklin Rd SW Roanoke, VA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two parcels totaling 0.79 acre at 4040 Franklin Rd SW, Roanoke, VA 24014; VDOT daily traffic count: 32,000 on Franklin Road/Route 220; Built in 1985
More about this property
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