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    105 Franklin Rd Roanoke, VA 24011

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    For Lease
    $16 SF/Yr ($7,202 /Mo)

    Office space with parking and updated common areas available now.

    Property size:
    5,160 SF
    Lot size:
    0.42 Acres

    Property Features for 105 Franklin Rd

    General Information

    Size
    5,160 SF
    Lot size
    0.42 Acres

    Source: Poe & Cronk Real Estate Group Agent Matt Huff

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

    Overview

    Downtown Office Space For Rent

    This office space is located in a highly visible corner location with easy access from downtown and I-581. The Thomas B. Mason building features modern, updated common areas. The building includes an internal parking garage as well as a surface parking lot. Excellent security features are in place. Tenant upfits are available. The building is currently occupied by multiple federal government professional offices. Several square footage options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    US Drug Enforcement ... Justice Department US Secret Services Federal Government Office

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm 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
    -79.9429407
    Latitude
    37.2692911

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    FAQs

    What type of property is this?
    Office space - Office space with parking and updated common areas available now.
    Where is this office space located?
    The property is located at 105 Franklin Rd Roanoke, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible corner location with easy access from downtown or I-581.; - Internal parking garage and surface parking, a rarity downtown.; - Modern updated common areas.
    (540) 493-4970
    Request Owner's contact information
    105 Franklin Rd Roanoke, VA 24011
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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
    105 Franklin Rd Roanoke, VA 24011
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