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    1930 Electric Rd Roanoke, VA 24018

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    For Sale
    $2,775,000

    NNN leased Dental Care Alliance investment property in Roanoke, Virginia.

    Property size:
    7,770 SF
    Lot size:
    0.63 Acres

    Property Features for 1930 Electric Rd

    General Information

    Size
    7,770 SF
    Lot size
    0.63 Acres

    Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

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

    Overview

    Roanoke, Virginia NNN Investment Property

    This property is an investment opportunity featuring a Dental Care Alliance tenant in Roanoke, Virginia. The tenant has over 4 years remaining on their lease, with one 5-year and one 3-year option to extend. The lease structure is NNN, with minimal landlord responsibilities. The lease includes 3% annual rental increases throughout the initial term and at the beginning of each option period. The property size is 7770 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cross, Lavinder, Quinn ... Dentist Lavinder Lisa C ... Dentist Drs. Coots, Ward, ... Dentist Cross Griffin a DDS Dentist Scott Ward, DDS Dentist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -80.0335522
    Latitude
    37.2480665

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    FAQs

    What type of property is this?
    Retail space - NNN leased Dental Care Alliance investment property in Roanoke, Virginia.
    Where is this retail space located?
    The property is located at 1930 Electric Rd Roanoke, VA.
    What is the asking price?
    The asking price for this property is $2,775,000.
    What are key features of this property?
    This property features: - NNN Lease Structure: Minimal landlord responsibilities.; - Rental Increases: Benefit from 3% annual rental increases.; - Tenant Commitment: Dental Care Alliance demonstrates commitment with over 4 years remaining on the lease.
    (202) 286-1542
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    1930 Electric Rd Roanoke, VA 24018
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    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
    1930 Electric Rd Roanoke, VA 24018
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