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    5303 Indian Grave Rd Roanoke, VA 24018

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    For Lease
    $1,250,000

    5,678 SF medical/office building on 1.15 acre site.

    Property size:
    5,678 SF
    Lot size:
    1.15 Acres

    Property Features for 5303 Indian Grave Rd

    General Information

    Size
    5,678 SF
    Lot size
    1.15 Acres

    Source: Hall Associates, Inc Agent Chris Nelson

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

    Overview

    Medical/Office Building in Roanoke County

    This is a 5,678 square foot, one-story medical/office building situated on a 1.15 acre site. The property is located in the Clearbrook section of Southwest Roanoke County, specifically at the corner of Route 220 and Indian Grave Road. It benefits from easy access via a signalized intersection across from the Clearbrook Wal-Mart. The building has been well maintained, offers ample parking, and is ready for immediate occupancy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ms. Andre Douglas Nurse Practitioner Raplee Dody MD Doctor Glendora Raplee, FNP Nurse Practitioner Jordan White Nurse Practitioner Dr. Susan P. ... Family Practice Physician

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts 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
    -79.9504856
    Latitude
    37.2029822

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    FAQs

    What type of property is this?
    Medical office - 5,678 SF medical/office building on 1.15 acre site.
    Where is this medical office located?
    The property is located at 5303 Indian Grave Rd Roanoke, VA.
    What are key features of this property?
    This property features: - Ready for immediate occupancy.; - Ample parking.; - Located at the corner of Rt 220 and Indian Grave Rd, easily accessible by a signalized intersection.
    (540) 761-5515
    Request Owner's contact information
    5303 Indian Grave Rd 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
    5303 Indian Grave Rd Roanoke, VA 24018
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