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    120 Day Ave SW Roanoke, VA 24016

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    For Lease
    $15 SF/Yr ($1,937 /Mo)

    Professional office space in a beautifully restored historic building.

    Property size:
    1,550 SF
    Lot size:
    0.17 Acres

    Property Features for 120 Day Ave SW

    General Information

    Size
    1,550 SF
    Lot size
    0.17 Acres

    Source: Waldvogel Commercial Properties Agent Michael Waldvogel

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

    Overview

    Downtown Roanoke Office Space

    Located in downtown Roanoke, the property at 120 Day Avenue SW features approximately 1,550 square feet of professional office space on the first floor of a restored and modernized historic building. The building has been thoughtfully redesigned and redeveloped to accommodate modern office needs while preserving its architectural character. Currently occupied by a law firm, the space features a functional layout suitable for legal or other professional uses, including private offices, a conference room, and administrative areas. The location is near Roanoke’s state and federal courthouses. Parking is available in an adjacent lot. Tenants will have proximity to dining, banking, and government services within a walkable downtown environment. This is a turnkey opportunity to locate a business in a strategically located space in Roanoke’s legal, business, and professional community.
    Insight Report Location Intelligence

    Current Use by Public Records

    Johnson Law PLC Personal Injury Attorney Ben Byrd, Partner ... Attorney Munro Byrd, P.C. Trial Attorney Balfour Beatty Construction Construction Company Virginia Appellate Law ... Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9434539
    Latitude
    37.2676402

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    FAQs

    What type of property is this?
    Office space - Professional office space in a beautifully restored historic building.
    Where is this office space located?
    The property is located at 120 Day Ave SW Roanoke, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location near state and federal courthouses, ideal for legal professionals.; - Beautifully restored and modernized historic building with preserved architectural character.; - Functional layout with private offices, conference room, and administrative areas.
    (540) 342-0800
    Request Owner's contact information
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    Roanoke, VA 24016
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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
    120 Day Ave SW Roanoke, VA 24016
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