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    3342 Melrose Ave NW Roanoke, VA 24017

    For Lease
    Contact for pricing

    43,700 SqFt warehouse space suitable for storage, distribution, manufacturing.

    Property size:
    43,700 SF
    Lot size:
    3.02 Acres

    Property Features for 3342 Melrose Ave NW

    General Information

    Size
    43,700 SF
    Lot size
    3.02 Acres

    Source: Walker Commercial Services Inc Agent Asher Walker

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

    Overview

    Spacious Commercial Warehouse for Rent

    This commercial warehouse, constructed in 1965, offers 43,700 SqFt of space. The property is suitable for storage, distribution, or manufacturing purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dixie Products Garage Door Supplier Liftmaster Door Openers Garage Door Supplier

    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.

    Similar Places Nearby

    Ace Moving & Storage, Lock & Roll Storage - Roanoke, Star City Self Storage - Melrose Avenue

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.990939
    Latitude
    37.2911522

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    FAQs

    What type of property is this?
    Warehouse - 43,700 SqFt warehouse space suitable for storage, distribution, manufacturing.
    Where is this warehouse located?
    The property is located at 3342 Melrose Ave NW Roanoke, VA.
    What are key features of this property?
    This property features: - Large 43,700 SqFt warehouse space.; - Suitable for storage, distribution, or manufacturing.; - Solid construction.
    (540) 344-6160
    Request Owner's contact information
    3342 Melrose Ave NW Roanoke, VA 24017
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    Roanoke, VA 24017
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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
    3342 Melrose Ave NW Roanoke, VA 24017
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