Property profile

442 Rutherford Ave NE Roanoke, VA 24016

FOR SALE
Other industrial properties
Property ID
US87-0664327
30,635 SF 0.9 ac lot Built 1981
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A modern Class A office-warehouse building totaling 30,635 square feet, configured with approximately 25,000 square feet of office space comprising executive and private offices as well as open cubicle areas, and a roughly 5,000-square-foot rear warehouse with high ceilings, mezzanine storage, and a fenced lot suitable for storage. The warehouse is equipped with dock-high and drive-in doors. The property includes 88 striped parking spaces and is designed to support multi-tenant use. The building is located just outside Downtown Roanoke, with access to regional routes via adjacent I-581 and Rt. 460 (Orange Ave) and nearby Valley Metro public transportation access points.

Property profile

Verified
Property type Other industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1981
Construction TYPE NOT SPECIFIED
Total area 30,635 SF
Lot 0.9 ac (39,012 SF)
Zoning code CG
APN 302-5005
UPID US87-0664327

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

442 Rutherford Ave NE Roanoke, VA 24016
Roanoke metro Census 602 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.96M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.31M
Blend (final) Blend
$3.01M

Owner & transaction history

since 2021
Last sale
$2.9M
1 recorded transaction
2021
$2.9M

Zoning & alternative use

CG · Roanoke, VA
Zoning description

gross floor area. These are permitted by right in CG, CLS, D, IN, ROS, and UF districts. Regional housing services continue to be very restricted, permitted only in the INPUD district with a special exception. 6. Ensure…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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