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

    301 Mcclanahan St - SW Roanoke, VA

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,750,000

    Office or medical building near Carilion Roanoke Memorial Hospital.

    Property size:
    6,631 SF
    Lot size:
    0.72 Acres

    Property Features for 301 Mcclanahan St - SW

    General Information

    Size
    6,631 SF
    Lot size
    0.72 Acres

    Source: Poe & Cronk Real Estate Group Agent Matt Huff

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

    Overview

    South Roanoke Office/Medical Opportunity

    This property, formerly a Wells Fargo bank branch, presents a rare opportunity in the South Roanoke neighborhood for an office, medical, or service location. The building provides approximately 6,631 square feet on two floors. The site includes 34 on-site parking spaces. The first floor features offices with a drive-thru. The second-floor office space has been recently renovated and is ready for use. The property is excellently located near the main campus of Carilion Roanoke Memorial Hospital and the Crystal Spring neighborhood, with quick access to nearby I-581 and US 220, as well as all of South Roanoke. Redevelopment and build-to-suit options are available.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.94
    Latitude
    37.27

    Nearby Similar for Sale

    • $2,875,000
      0.20 Acres

      Historic Horton Building For Sale

      Landmark Roanoke building blending early-20th-century craftsmanship and modern functionality.
      302 1St St SW, Roanoke, VA 24011
      View Details
    • $2,875,000
      0.20 Acres

      Historic Horton Building in Roanoke

      Landmark building blending early-20th-century craftsmanship with modern functionality.
      302 1St St SW, Roanoke, VA 24011
      View Details
    • $650,000
      0.30 Acres

      Roanoke Office/Retail Building For Sale

      Office building with subdivision potential and ample parking.
      356 Campbell Ave SW, Roanoke, VA 24016
      View Details
    • $2,100,000
      0.05 Acres

      Updated Building with High-End Finishes

      Extensively updated building with high-end finishes, great views, move-in ready.
      109 Campbell Ave SW, Roanoke, VA 24011
      View Details
    • $1,350,000
      1.00 Acre

      Franklin Road Office/Retail Opportunity

      Prime commercial land on Franklin Road with high traffic volume.
      4040 Franklin Rd SW, Roanoke, VA 24014
      View Details
    • $875,000
      0.05 Acres

      Downtown Roanoke Investment Opportunity

      Two-unit building in vibrant downtown Roanoke with retail and residential.
      22 Campbell Ave SE, Roanoke, VA 24011
      View Details

    FAQs

    What type of property is this?
    Office building - Office or medical building near Carilion Roanoke Memorial Hospital.
    Where is this office building located?
    The property is located at 301 Mcclanahan St - SW Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Excellent location near Carilion Roanoke Memorial Hospital and Crystal Spring neighborhood.; - **±6,631 SF on two floors with 34 on-site parking spaces.**; - Formerly a Wells Fargo bank branch with existing offices and a drive-thru.
    (540) 493-4970
    Request Owner's contact information
    301 Mcclanahan St - SW Roanoke, VA
    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.
    301 Mcclanahan St - SW
    Roanoke, VA
    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
    301 Mcclanahan St - SW Roanoke, VA
    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.