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    1325 Electric Rd Roanoke, VA 24018

    For Lease
    $16 SF/Yr

    Two-story office building with easy access and ample parking.

    Property size:
    62,171 SF
    Lot size:
    13.15 Acres

    Property Features for 1325 Electric Rd

    General Information

    Size
    62,171 SF
    Lot size
    13.15 Acres

    Source: F+W Real Estate Group Agent Brandon Meade

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

    Overview

    Office Building Near Lewis-Gale Hospital

    This two-story office building is located off Electric Road in Southwest County, offering convenient access to I-581 and Route 220. Situated on the corner of Keagy and Electric Road, the property features ample on-site lighted parking and elevator access. On-site management and full-service maintenance are available. The location provides proximity to shopping and dining options. Lewis-Gale Hospital is located directly across the street. The property offers new LED lighting, ceiling tile, and paint to new tenants, subject to an acceptable lease term. The building has a property size of 62171 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    TMEIC Corporation Automation Company MFX Insurance Agency

    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
    -80.0346341
    Latitude
    37.2608959

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    FAQs

    What type of property is this?
    Office building - Two-story office building with easy access and ample parking.
    Where is this office building located?
    The property is located at 1325 Electric 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: - Convenient location off Electric Rd in Southwest County with easy access to I-581 and Rt-220.; - Ample on-site lighted parking.; - On-site management and full-service maintenance available.
    (540) 774-1641
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    1325 Electric Rd 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
    1325 Electric Rd Roanoke, VA 24018
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