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    3565 Electric Rd Roanoke, VA 24018

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    For Lease
    Contact for pricing

    Retail space with high visibility and easy access.

    Property size:
    1,365 SF
    Lot size:
    0.92 Acres

    Property Features for 3565 Electric Rd

    General Information

    Size
    1,365 SF
    Lot size
    0.92 Acres

    Source: Waldvogel Commercial Properties Agent Michael Waldvogel

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

    Overview

    Retail Space Near Tanglewood Mall

    This retail space is located in a center that benefits from strong tenant synergy, high traffic visibility, and convenient access. The location offers favorable demographics within Roanoke. Situated near Tanglewood Mall and other retail establishments, the center is also located five minutes from I-581 N/220 S. The property includes two additional lots on site that are ready for development. Ample parking is available throughout the area. The property size is 1,365 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cheryl Pigg at Rate ... Mortgage Broker Ginger's Jewelry Jeweler Sean Kosmann - Guaranteed ... Mortgage Lender Super Kicks Karate Martial Arts School Jason Bialek at Guaranteed ... Mortgage Lender

    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

    Promenade Park Shopping Center, The Forum Shopping Center, Cave Spring Corners, Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9974024
    Latitude
    37.225147

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    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility and easy access.
    Where is this shopping center located?
    The property is located at 3565 Electric Rd Roanoke, VA.
    What are key features of this property?
    This property features: - High traffic visibility and easy access.; - Best demographics in Roanoke.; - Seconds from Tanglewood Mall and other retail stores.
    (540) 342-0800
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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
    3565 Electric Rd Roanoke, VA 24018
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