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    1524 Patrick Rd NE Roanoke, VA 24012

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    For Lease
    $12 SF/Yr ($2,000 /Mo)

    Updated office space with hardwood floors and dedicated parking.

    Property size:
    2,000 SF
    Lot size:
    3.17 Acres

    Property Features for 1524 Patrick Rd NE

    General Information

    Size
    2,000 SF
    Lot size
    3.17 Acres

    Source: Waldvogel Commercial Properties Agent Krista H Vannoy

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

    Overview

    Roanoke Office Space for Rent

    This office space is located along Roanoke's Route 460 commercial corridor. Originally built as a residence, the property features hardwood floors and large windows that provide natural light. The layout includes a kitchen/breakroom, spacious private offices, and restrooms with showers. The space has been updated with fresh neutral paint and new lighting. Exterior features include dedicated parking and a private gated entrance through a fenced yard. The location is in an area of commercial and residential development with access to I-581 and I-81. It is close to industrial employers, schools, restaurants, grocery stores, and retail. The property is centrally located on Patrick Road, a block above Orange Avenue/Route 460, which serves as a gateway between Roanoke and Botetourt County communities, as well as between Roanoke and Bedford, Forest, and Lynchburg, Virginia. The property is ready for immediate occupancy and offers spacious workspaces in a private location along a busy commercial corridor. A daycare center is located across the street. The property size is 2000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rent-A-Space - Roanoke Self-Storage Facility

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.8912827
    Latitude
    37.3067332

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    FAQs

    What type of property is this?
    Office space - Updated office space with hardwood floors and dedicated parking.
    Where is this office space located?
    The property is located at 1524 Patrick Rd NE Roanoke, VA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime location along Route 460 commercial corridor with easy access to I-581 and I-81.; - Move-in ready with fresh paint, new lighting, and updated features.; - Dedicated on-site parking and private gated entrance.
    (540) 342-0800
    Request Owner's contact information
    1524 Patrick Rd NE Roanoke, VA 24012
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    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
    1524 Patrick Rd NE Roanoke, VA 24012
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