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    3607 Williamson Rd Roanoke, VA 24012

    For Sale
    $1,375,000

    Commercial Sale - ROANOKE, VA

    Type:Retail
    Days on Market:
    97
    Last Refresh:
    Dec 9 at 2:06 pm

    Property Features for 3607 Williamson Rd

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    32
    Parking features
    Parking Lot

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Building materials
    Block

    Old Dominion Realty (540) 433-2454 [email protected]

    Listing agent John A Bowman (540) 433-2454 License #0225085237

    Listing date Sep 4, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in Roanoke, VA

    This retail property is located at the corner of Williamson Road and Oakland Boulevard in Roanoke, VA. It is currently offered at a 7.75% CAP rate on net income. The property features a strong national tenant with a new 5-year lease in place and two 5-year renewal options remaining. The landlord is only responsible for roof and HVAC expenses exceeding $2,500. The tenant reimburses for taxes and insurance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aaron's Rent To Own Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.94459
    Latitude
    37.30382

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    FAQs

    What type of property is this?
    NNN retail property - Retail property with a strong tenant in a prime location.
    Where is this nnn retail property located?
    The property is located at 3607 Williamson Rd Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Strong NN Lease to Major Retailer; - Attractive 7.75% CAP Rate on Net Income; - New 5-Year Lease in Place with Two 5-Year Renewal Options
    (540) 433-2454
    Request Owner's contact information
    3607 Williamson Rd Roanoke, VA 24012
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    Roanoke, VA 24012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3607 Williamson Rd Roanoke, VA 24012
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