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    1415 Cleveland Ave SW Roanoke, VA 24016

    For Sale
    $495,000

    Warehouse flex space with office near Downtown Roanoke.

    Property size:
    9,000 SF
    Lot size:
    0.42 Acres

    Property Features for 1415 Cleveland Ave SW

    General Information

    Size
    9,000 SF
    Lot size
    0.42 Acres

    Source: Hall Associates, Inc Agent Gavin Hollingsworth

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

    Overview

    Warehouse Flex Space For Sale

    This warehouse flex space is located between the Grandin area and Downtown Roanoke. The property includes over 4,200 square feet of open warehouse space with a large drive-in overhead door, as well as over 800 square feet of office space, totaling approximately 5,078 square feet. The office area features three private offices, a reception area, two office restrooms, and one warehouse restroom. The office space is equipped with gas heat and air conditioning. The sale includes the adjacent property at 1421 Cleveland Ave SW, identified as Tax Parcel # 1220429. The building on this adjacent property offers approximately 4,000 square feet of open warehouse space, bringing the total property size to 9,000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lyle Plastering Inc Dry Wall Contractor

    Suggested Use

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

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

    Similar Places Nearby

    Dorathy Properties Storage, Ghent Hill Merchandise Management

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.9667068
    Latitude
    37.2700602

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    FAQs

    What type of property is this?
    Warehouse - Warehouse flex space with office near Downtown Roanoke.
    Where is this warehouse located?
    The property is located at 1415 Cleveland Ave SW Roanoke, VA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Over 4,200 sq ft of open warehouse space with drive-in overhead door.; - Includes adjacent property at 1421 Cleveland Ave SW with ~4,000 sq ft warehouse.; - Over 800 sq ft of air-conditioned office space.
    (540) 982-0011
    Request Owner's contact information
    1415 Cleveland Ave SW Roanoke, VA 24016
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    Roanoke, VA 24016
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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
    1415 Cleveland Ave SW Roanoke, VA 24016
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