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    192 Summerfield Ct, Unit | Roanoke Roanoke, VA 24019

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    For Sale
    $1,750,000

    12,000 SF multi-tenant professional center with strong rental history.

    Property size:
    12,000 SF

    Property Features for 192 Summerfield Ct

    General Information

    Size
    12,000 SF

    Source: Stephen Pendergrass, SIOR, CCIM Agent Stephen Pendergrass, SIOR, CCIM

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

    Overview

    Multi-Tenant Professional Business Center

    This 12,000 square foot, two-level multi-tenant professional business center contains five units and is suitable for commercial use. The modern building is serviced by an elevator and features ample parking. It has a strong rental income history and attractive curb appeal. The property is well-maintained and offers convenient access to major highways. It is located just off the Hwy 220 extension behind the Botetourt Athletic Center and has proximity to local amenities and services.
    Location Intelligence

    Current Use by Public Records

    Movement Mortgage Mortgage Lender Debra Giles, eXp ... Real Estate Agent Botetourt Family Dentistry Dental Clinic Hutchins Melissa Dentist VIP Insurance Solutions Insurance Broker

    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
    -79.8871494
    Latitude
    37.3551753

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    FAQs

    What type of property is this?
    Office building - 12,000 SF multi-tenant professional center with strong rental history.
    Where is this office building located?
    The property is located at 192 Summerfield Ct, Unit | Roanoke 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: - Strong rental income history; - Well-maintained and modern building with elevator; - Ample parking for tenants and visitors
    (540) 520-3085
    Request Owner's contact information
    192 Summerfield Ct, Unit | Roanoke Roanoke, VA 24019
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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
    192 Summerfield Ct, Unit | Roanoke Roanoke, VA 24019
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