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    301 Mc Clanahan St SW Roanoke, VA 24014

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    For Sale
    $1,750,000

    Office or medical building near Carilion Roanoke Memorial Hospital.

    Property size:
    6,631 SF

    Property Features for 301 Mc Clanahan St SW

    General Information

    Size
    6,631 SF

    Source: Matt Huff, CCIM, SIOR Agent Matt Huff, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Roanoke Office/Medical Building For Sale

    Located in the South Roanoke neighborhood, this building offers approximately 6,631 square feet across two floors and is suitable for office, medical, or service-oriented businesses. Formerly a Wells Fargo bank branch, the property includes 34 on-site parking spaces and multiple ingress/egress points. The first floor features offices with a drive-thru, while the second-floor office space has been recently renovated and is ready for immediate use. The property is situated near the main campus of Carilion Roanoke Memorial Hospital and the Crystal Spring neighborhood, providing excellent location and visibility. It also offers convenient access to I-581 and US 220, as well as the broader South Roanoke area. Redevelopment and build-to-suit options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Bank Mutual Smart Insurance ... Insurance Agency

    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
    Salem
    State
    Virginia
    Longitude
    -79.9480319
    Latitude
    37.2511906

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    FAQs

    What type of property is this?
    Office building - Office or medical building near Carilion Roanoke Memorial Hospital.
    Where is this office building located?
    The property is located at 301 Mc Clanahan St SW Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Excellent location adjacent to Carilion Roanoke Memorial Hospital and Crystal Spring neighborhood.; - 34 on-site parking spaces.; - ±6,631 SF on two floors, suitable for office, medical, or service use.
    (540) 493-4970
    Request Owner's contact information
    301 Mc Clanahan St SW Roanoke, VA 24014
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    Roanoke, VA 24014
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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
    301 Mc Clanahan St SW Roanoke, VA 24014
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