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    1715 Murry Rd Roanoke, VA 24018

    Sponsored
    For Sale
    $475,000

    Warehouse & Office - Ideal Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 1715 Murry Road in Roanoke, Virginia, presents a unique opportunity for businesses seeking a blend of warehouse and office space. Situated on a 0.81-acre lot, the property boasts a total of 5,200 square feet of usable space. The main structure is a substantial warehouse building, providing ample storage capacity for inventory, equipment, or materials. Conveniently integrated into the property is a mobile home currently utilized as an office, offering a comfortable and functional workspace separate from the warehouse. The property features generous parking areas, accommodating both cars and larger vehicles. Access to the property is straightforward via a paved driveway designed to allow for maneuvering of trucks and other larger equipment. The surrounding area is characterized by a mix of commercial and light industrial businesses, ensuring a compatible and thriving business environment. This property's strategic location offers easy access to major roadways and essential infrastructure, making it an ideal choice for businesses requiring efficient logistics and convenient transportation links. The asking price for this versatile and well-situated property is $475,000. This represents a compelling investment opportunity in a robust and growing market.

    Property Features for 1715 Murry Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    35,284 SF

    Building Details

    Year Built
    1974
    Property Profile Location Intelligence

    Current Use by Public Records

    Valley Tree Tree Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -80.00692
    Latitude
    37.26793

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    FAQs

    What type of property is this?
    Commercial real estate - Warehouse & Office - Ideal Location
    Where is this commercial real estate located?
    The property is located at 1715 Murry Rd Roanoke, VA.
    What is the asking price?
    The asking price for this property is $475,000.
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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
    1715 Murry Rd Roanoke, VA 24018
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