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    5304 Indian Grave Rd Roanoke, VA 24018

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    For Lease
    $16 SF/Yr ($4,000 /Mo)

    Office suite for rent with high visibility and ample parking.

    Property size:
    3,000 SF
    Lot size:
    0.71 Acres

    Property Features for 5304 Indian Grave Rd

    General Information

    Size
    3,000 SF
    Lot size
    0.71 Acres

    Source: Poe & Cronk Real Estate Group Agent Richard Wellford

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

    Overview

    First Floor Office Suite

    This first-floor office suite offers high visibility and ample parking. The property is suitable for medical or dental practices. It is located across the street from a Walmart and a public school. The suite includes an emergency generator. The property has a size of 3000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Stephen Couture, MD Dermatologist LewisGale Physicians Internal ... Internist Jefferson Surgical Clinic ... Doctor Edgar Weaver Neurosurgeon

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9496598
    Latitude
    37.2025414

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    FAQs

    What type of property is this?
    Medical office - Office suite for rent with high visibility and ample parking.
    Where is this medical office located?
    The property is located at 5304 Indian Grave 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: - High Visibility ensures your business gets noticed.; - Ample Parking for clients and staff.; - Perfect for Medical/Dental practices seeking a convenient location.
    (540) 982-2444
    Request Owner's contact information
    5304 Indian Grave 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
    5304 Indian Grave Rd Roanoke, VA 24018
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