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    2758 Electric Rd Roanoke, VA 24018

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    For Lease
    $20 SF/Yr ($1,450 /Mo)

    853 SF office condo in well-established professional park.

    Property size:
    853 SF
    Lot size:
    1.00 Acre

    Property Features for 2758 Electric Rd

    General Information

    Size
    853 SF
    Lot size
    1.00 Acre

    Source: Waldvogel Commercial Properties Agent Michael Waldvogel

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

    Overview

    Professional Office at McVitty Center

    This 853 square foot office condo is located in the McVitty Executive Center. Situated on the second floor with elevator access, the unit features an open reception area, two private offices, a restroom, and a break counter. Large windows provide natural light, complemented by neutral paint colors and hardwood floors. The McVitty Executive Center is a well-established professional park located on Electric Road/Route 419 in Southwest Roanoke County, offering great access and visibility on a well-traveled corridor surrounded by strong demographics. It is easily accessible from McVitty Rd and directly from Electric Rd/Route 419, the main traffic artery of Southwest Roanoke County. Plentiful parking is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Deneka Law Firm ... Attorney Smith & Associates - Ameriprise ... Financial Planner Christine Smith - Financial ... Financial Planner Pearson Hall Inc Business Management Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -80.0214629
    Latitude
    37.234336

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    FAQs

    What type of property is this?
    Office space - 853 SF office condo in well-established professional park.
    Where is this office space located?
    The property is located at 2758 Electric Rd Roanoke, VA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Great access and visibility on Electric Road/Route 419 in Southwest Roanoke County.; - Professional setting in the well-established McVitty Executive Center.; - 853 SF office condo with open reception area, two private offices, a restroom and a break counter.
    (540) 342-0800
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    2758 Electric 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
    2758 Electric Rd Roanoke, VA 24018
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