Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2240 Shenandoah Ave NW Roanoke, VA 24017

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.95 SF/Yr ($1,218 /Mo)

    Warehouse and office space with easy access to I-581.

    Property size:
    7,500 SF
    Lot size:
    4.89 Acres

    Property Features for 2240 Shenandoah Ave NW

    General Information

    Size
    7,500 SF
    Lot size
    4.89 Acres

    Source: Poe & Cronk Real Estate Group Agent Stephen Pendergrass

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

    Overview

    Warehouse and Office Space Available

    The property at 2240 Shenandoah Avenue NW offers 25,050 square feet of sprinkled warehouse/distribution space on the ground level, complemented by 7,500 square feet of office space on the second level. The office space is in shell condition and features an interior surrounded by new windows, providing panoramic views and an abundance of natural light. The landlord is willing to finish the office space to tenant specifications. The property features dock height doors, ample parking, and a central location, with easy access to I-581 and the surrounding area. The warehouse rate is $1.95 per square foot on a modified gross lease; the office rate is negotiable depending upon lease terms.
    Insight Report Location Intelligence

    Current Use by Public Records

    Stage Sound Inc. Audio Visual Consultant Girls Rock Roanoke Association / Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9755918
    Latitude
    37.2821568

    Nearby Similar for Lease

    • $16 SF/Yr
      15,485 SF

      Downtown Beaux-Arts Style Office Space

      LEED certified office building in vibrant downtown Roanoke.
      220 Church Ave SW, Roanoke, VA 24011
      View Details
    • $12 SF/Yr
      10,923 SF

      Prime Commercial Space in Roanoke

      Modern, versatile office space in Roanoke's Innovation Corridor.
      2727 Franklin Rd, Roanoke, VA 24014
      View Details
    • $12 SF/Yr
      2,000 SF

      Roanoke Office Space for Rent

      Updated office space with hardwood floors and dedicated parking.
      1524 Patrick Rd NE, Roanoke, VA 24012
      View Details
    • $15 SF/Yr
      1,550 SF

      Downtown Roanoke Office Space

      Professional office space in a beautifully restored historic building.
      120 Day Ave SW, Roanoke, VA 24016
      View Details
    • $13 SF/Yr
      48,000 SF

      Premium Office Space in Roanoke

      Plug and play office space with on-site parking.
      116 N Jefferson St, Roanoke, VA 24011
      View Details
    • $14 SF/Yr
      91,500 SF

      Refreshed Office Space Available

      Modern office space in Roanoke's revitalized central business district.
      34 Campbell Ave SW, Roanoke, VA 24011
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse and office space with easy access to I-581.
    Where is this warehouse located?
    The property is located at 2240 Shenandoah Ave NW Roanoke, VA.
    What is the lease rate?
    The lease rate is $1.95 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-581; - **25,050 SF of sprinkled warehouse/distribution space**; - **7,500 SF of office space customizable to tenant specifications**
    (540) 982-2444
    Request Owner's contact information
    2240 Shenandoah Ave NW Roanoke, VA 24017
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2240 Shenandoah Ave NW
    Roanoke, VA 24017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2240 Shenandoah Ave NW Roanoke, VA 24017
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.