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    1930 Salem Ave SW Roanoke, VA 24016

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    For Lease
    $4 SF/Yr ($3,476 /Mo)

    9,270 SF flex/industrial space with convenient access to major roadways.

    Property size:
    9,270 SF
    Lot size:
    0.35 Acres

    Property Features for 1930 Salem Ave SW

    General Information

    Size
    9,270 SF
    Lot size
    0.35 Acres

    Source: Walker Commercial Services Inc Agent Asher Walker

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

    Overview

    Versatile Commercial/Industrial Space For Lease

    This commercial/industrial property offers 9,270 square feet of space on a 0.34-acre lot. Ceiling heights range from 8 to 10 feet. The site includes approximately five standard parking spaces, with additional street parking available. Zoned I-1, the property is well-suited for a variety of business or industrial uses. The location provides excellent access to major roadways, including I-581, US-460 W, and Downtown Roanoke.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LKQ Refinish - Roanoke Paint Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9730746
    Latitude
    37.2764266

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    FAQs

    What type of property is this?
    Flex space - 9,270 SF flex/industrial space with convenient access to major roadways.
    Where is this flex space located?
    The property is located at 1930 Salem Ave SW Roanoke, VA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - 9,270 sq ft of versatile commercial/industrial space.; - Zoned I-1, suitable for a variety of business or industrial uses.; - Excellent access to major roadways (I-581, US-460 W).
    (540) 344-6160
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    Roanoke, VA 24016
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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
    1930 Salem Ave SW Roanoke, VA 24016
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