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    3247 Electric Rd Roanoke, VA 24018

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    For Lease
    $11 SF/Yr ($1,752 /Mo)

    Ready-to-use office suites in a well-located Roanoke office park.

    Property size:
    1,912 SF
    Lot size:
    0.48 Acres

    Property Features for 3247 Electric Rd

    General Information

    Size
    1,912 SF
    Lot size
    0.48 Acres

    Source: Poe & Cronk Real Estate Group Agent Richard Wellford

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

    Overview

    Roanoke Office Space For Lease

    This property offers ready-to-use office space in a well-located office park in Roanoke County. The location provides a quiet, professional setting with high traffic counts. Office suites are available in various sizes to accommodate different types of professionals and medical providers. The existing suite sizes are customizable. Dentists, attorney offices, psychologists, and personal service tenants may find this location beneficial due to its position in a demographically affluent neighborhood of Roanoke. The property has recently undergone exterior renovations.
    Insight Report Location Intelligence

    Current Use by Public Records

    Spigle ROE Massey ... Attorney Aca Counseling Services Mental Health Service Michael Chiglinsky, Ph.D. Psychologist Aca Counseling Services: ... Psychologist RoanokValleyChiropractic Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -80.0072868
    Latitude
    37.2288258

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    FAQs

    What type of property is this?
    Office space - Ready-to-use office suites in a well-located Roanoke office park.
    Where is this office space located?
    The property is located at 3247 Electric Rd Roanoke, VA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the best-located office park in SW County.; - Customizable suite sizes to fit specific needs.; - Located in a demographically affluent neighborhood.
    (540) 982-2444
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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
    3247 Electric Rd Roanoke, VA 24018
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