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    505 S Jefferson St Roanoke, VA 24011

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    For Lease
    $20 SF/Yr ($4,018 /Mo)

    Recently renovated office space with private parking in Roanoke.

    Property size:
    2,411 SF
    Lot size:
    0.29 Acres

    Property Features for 505 S Jefferson St

    General Information

    Size
    2,411 SF
    Lot size
    0.29 Acres

    Source: Cushman & Wakefield | Thalhimer - Roanoke Agent Wyatt Poats

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

    Overview

    Renovated Office Space Available

    This office space, totaling 2411 square feet, features four offices, a lobby area, and a conference or lounge area that can serve as an additional office. The property includes access to a shared conference room. It has been recently renovated and offers a dedicated private parking lot with spaces allocated to each suite in the building. Additional parking spaces are available at the prevailing market rate. The property is located in Roanoke, VA.
    Insight Report Location Intelligence

    Current Use by Public Records

    Budd & Company, PLC Accountant SUREFOOT BUSINESS ADVISORS Business Management Consultant BuddCPA, LLC Accounting Firm Centenelle Motor Monitoring Industrial Equipment Supplier Apex Systems Employment Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm 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
    -79.9407266
    Latitude
    37.2696582

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    FAQs

    What type of property is this?
    Office space - Recently renovated office space with private parking in Roanoke.
    Where is this office space located?
    The property is located at 505 S Jefferson St Roanoke, VA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Dedicated private parking lot with allocated spaces; - Recently renovated; - Features 4 offices and conference/lounge/additional office
    (434) 841-0812
    Request Owner's contact information
    505 S Jefferson St Roanoke, VA 24011
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    Roanoke, VA 24011
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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
    505 S Jefferson St Roanoke, VA 24011
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