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    5251 S Concourse Dr Roanoke, VA 24019

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    For Lease
    $15 SF/Yr ($7,687 /Mo)

    Premium office space for lease in Roanoke Valley.

    Property size:
    6,150 SF
    Lot size:
    2.44 Acres

    Property Features for 5251 S Concourse Dr

    General Information

    Size
    6,150 SF
    Lot size
    2.44 Acres

    Source: Poe & Cronk Real Estate Group Agent Stephen Pendergrass

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

    Overview

    Premium Office Space Available

    The property at 5251 S Concourse Dr. features two suites immediately available for lease, perfectly suited for professional office use. Suite 2A measures 2,099 RSF, and Suite 2B measures 2,815 square feet, for a combined 4,914 square feet of premium office space. The park at Valleypointe offers premium professional office space in the heart of the commercial center of the Roanoke Valley. The location provides convenient access to major thoroughfares I-581 and I-81, the regional airport, and other local amenities including Roanoke Regional Airport, Valley View Mall, and downtown Roanoke.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    W.M. Jordan Company Construction Company Pike Electric Inc Electrician Angela Bedwell Family Practice Physician GSI Commerce Inc Business Management Consultant

    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
    -79.9908166
    Latitude
    37.3325729

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    FAQs

    What type of property is this?
    Office space - Premium office space for lease in Roanoke Valley.
    Where is this office space located?
    The property is located at 5251 S Concourse Dr Roanoke, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Premium professional office space in the heart of the commercial center of the Roanoke Valley.; - Immediate availability of two suites: Suite 2A (2,099 RSF) and Suite 2B (2,815 sq. ft.), or a combined 4,914 sq. ft.; - Convenient access to major thoroughfares I-581 & I-81.
    (540) 982-2444
    Request Owner's contact information
    5251 S Concourse Dr Roanoke, VA 24019
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    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
    5251 S Concourse Dr Roanoke, VA 24019
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