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    1021 Orange Ave - NE Roanoke, VA

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    For Sale
    $1,300,000

    Commercial General zoned building with removed gasoline tanks.

    Property size:
    5,590 SF
    Lot size:
    0.88 Acres

    Property Features for 1021 Orange Ave - NE

    General Information

    Size
    5,590 SF
    Lot size
    0.88 Acres

    Source: Poe & Cronk Real Estate Group Agent Jim Bolling

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

    Overview

    Commercial Building on 0.88 Acres

    The property features a 5,590-square-foot building situated on 0.88 acres. It is zoned CG - Commercial General. The gasoline tanks have been removed. The landlord will restore electric service to the main electrical panel and water to the building. The landlord will repair and/or replace the HVAC system to working order. Restrictions: The tenant is prohibited from selling petroleum products, including gasoline, on the property unless under the brand of Shell, Chevron, Texaco, BP, Exxon, Amoco or Mobil, or any non-discount successors to such brands resulting from their mergers or acquisitions if such brands are no longer available. The property is in the 100-year flood plain.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.94
    Latitude
    37.27

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    FAQs

    What type of property is this?
    Gas station - Commercial General zoned building with removed gasoline tanks.
    Where is this gas station located?
    The property is located at 1021 Orange Ave - NE Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - 0.88 Acre Commercial General (CG) Zoned Property; - 5,590 sq ft Building; - Landlord Will Restore Electric Service
    (540) 982-2444
    Request Owner's contact information
    1021 Orange Ave - NE Roanoke, VA
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    Roanoke, VA
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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
    1021 Orange Ave - NE Roanoke, VA
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