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    418 1St St SW Roanoke, VA 24011

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    For Lease
    $14 SF/Yr ($3,240 /Mo)

    First-floor office space in downtown Roanoke near amenities.

    Property size:
    2,682 SF
    Lot size:
    0.07 Acres

    Property Features for 418 1St St SW

    General Information

    Size
    2,682 SF
    Lot size
    0.07 Acres

    Source: Hall Associates, Inc Agent Kristine Davis

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

    Overview

    Downtown Roanoke Office Space Available

    Available for rent is approximately 2,682 square feet of first-floor office space. The layout features six private offices, two conference rooms, a spacious break room, and a utility/storage room. The property is situated directly across from restaurants and is steps away from dining, banking, and retail options in downtown Roanoke.
    Location Intelligence

    Current Use by Public Records

    Equitable Advisors Roanoke ... Financial Planner AXA Advisors Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9423333
    Latitude
    37.26997

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    FAQs

    What type of property is this?
    Office space - First-floor office space in downtown Roanoke near amenities.
    Where is this office space located?
    The property is located at 418 1St St SW Roanoke, VA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Steps from premier dining, banking, and retail in downtown Roanoke.; - Located directly across from well-known restaurants (Martin's and Sidecar).; - +/- 2,682 SF of first-floor office space.
    (540) 982-0011
    Request Owner's contact information
    418 1St St SW Roanoke, VA 24011
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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
    418 1St St SW Roanoke, VA 24011
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