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    3090 Electric Rd Roanoke, VA 24018

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    For Lease
    Contact for pricing

    Newly constructed medical/professional office space for lease in Roanoke County.

    Property size:
    6,500 SF
    Lot size:
    0.73 Acres

    Property Features for 3090 Electric Rd

    General Information

    Size
    6,500 SF
    Lot size
    0.73 Acres

    Source: Hall Associates, Inc Agent Kristine Davis

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

    Overview

    New Class A Office Space

    This newly constructed, Class A medical/professional office space offers approximately 6,500 square feet situated on over seven acres within a prominent business center in Southwest Roanoke County. The building features a brick exterior, high-end finishes, virus control technology, ample parking with over 70 spaces, and digital monument signage at the entrance. The buildings are in shell condition, providing opportunities for customization to fit tenants’ needs. The landlord is offering incentives and a Tenant Improvement Allowance for credit tenants seeking a long-term lease. The property benefits from a convenient location with excellent visibility on the Electric Road/419 corridor in Southwest Roanoke County, less than a quarter-mile west of Cave Spring Corner, with easy access and egress from 419.
    Location Intelligence

    Current Use by Public Records

    How to sell my ... Real Estate Consultant Dr. Linda G. ... Periodontist Liro Ramirez, Realtor Real Estate Agent Erik Olson, Realtor Real Estate Agent Berkshire Hathaway HomeServices ... Real Estate Agency

    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.

    Similar Places Nearby

    Southern Hills Animal Hospital, Southern Hills Animal Hospital: Thornton Preston DVM, Avian and Exotic Pet Clinic of Roanoke

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -80.0128763
    Latitude
    37.2334292

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    FAQs

    What type of property is this?
    Medical office - Newly constructed medical/professional office space for lease in Roanoke County.
    Where is this medical office located?
    The property is located at 3090 Electric Rd Roanoke, VA.
    What are key features of this property?
    This property features: - Newly constructed, Class A medical/professional office space.; - Located in a prominent business center with excellent visibility and easy access on Electric Road/419 corridor.; - Ample parking with over 70 spaces and digital monument signage.
    (540) 982-0011
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    3090 Electric Rd Roanoke, VA 24018
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    Roanoke, VA 24018
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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
    3090 Electric Rd Roanoke, VA 24018
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