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    1420 Towne Square Blvd NW Roanoke, VA 24012

    For Lease
    Contact for pricing

    Retail space available in well-located, highly trafficked shopping center.

    Property size:
    9,598 SF
    Lot size:
    11.41 Acres

    Property Features for 1420 Towne Square Blvd NW

    General Information

    Size
    9,598 SF
    Lot size
    11.41 Acres

    Source: Big V Property Group Agent Julie O'Donnell

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

    Overview

    Retail Space in Power Center

    This retail space is located within Towne Square, a 302,135 square foot power center. The center is positioned at the intersection of Towne Square Boulevard, which experiences a traffic volume of 9,500 vehicles per day (VPD), and Benvenue Road, which sees 22,000 VPD. Anchored by Ross Dress for Less, Marshall's, Petco, and Kirkland's, the center also benefits from being shadow-anchored by Sam's Club. The available retail space measures 9,598 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Citi Trends Shoe Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9624349
    Latitude
    37.3168828

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in well-located, highly trafficked shopping center.
    Where is this strip mall located?
    The property is located at 1420 Towne Square Blvd NW Roanoke, VA.
    What are key features of this property?
    This property features: - Located in a high-traffic regional shopping area.; - Anchored by Ross Dress for Less, Marshall's, Petco, and Kirkland's.; - Shadow-anchored by Sam's Club.
    (877) 244-8532
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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
    1420 Towne Square Blvd NW Roanoke, VA 24012
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