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    3412-3436 Orange Ave NE Roanoke, VA 24012

    For Sale
    $7,325,000

    52,700 SF retail center in high-traffic corridor.

    Property size:
    52,700 SF
    Lot size:
    6.18 Acres

    Property Features for 3412-3436 Orange Ave NE

    General Information

    Size
    52,700 SF
    Lot size
    6.18 Acres

    Source: Hall Associates, Inc Agent Chris Nelson

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

    Overview

    52,700 SF Retail Center For Sale

    This is a retail center encompassing approximately 52,700 square feet. The property is well maintained and benefits from a high-traffic corridor location. A new video security system was installed in 2023. The center includes three national tenants, with many others in close proximity. Please note that the Wells Fargo out parcel is not included in the sale.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.8936359
    Latitude
    37.3036089

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    FAQs

    What type of property is this?
    Shopping center - 52,700 SF retail center in high-traffic corridor.
    Where is this shopping center located?
    The property is located at 3412-3436 Orange Ave NE Roanoke, VA.
    What is the asking price?
    The asking price for this property is $7,325,000.
    What are key features of this property?
    This property features: - High-traffic corridor location; - Approximately 52,700 sq. ft. retail center; - Well maintained
    (540) 761-5515
    Request Owner's contact information
    3412-3436 Orange Ave NE Roanoke, VA 24012
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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
    3412-3436 Orange Ave NE Roanoke, VA 24012
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