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    21 Church Ave SW Roanoke, VA 24011

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    For Lease
    $349,950

    Former florist building with live-work potential in downtown Roanoke.

    Property size:
    4,474 SF
    Lot size:
    0.05 Acres

    Property Features for 21 Church Ave SW

    General Information

    Size
    4,474 SF
    Lot size
    0.05 Acres

    Source: Hall Associates, Inc Agent Frank Martin

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

    Overview

    Downtown Roanoke Mixed-Use Opportunity

    This property, formerly a florist shop, is located on Church Avenue in downtown Roanoke. The building offers potential as a live-work unit, with the possibility of living on the third floor and working on the first and second floors. The property benefits from its location on a one-way street with on-street parking and a parking garage one block away. The building size is 4474 square feet. A new roof was installed in 2019.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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.

    Similar Places Nearby

    Bush-Flora

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.941595
    Latitude
    37.2706033

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    FAQs

    What type of property is this?
    Storefront property - Former florist building with live-work potential in downtown Roanoke.
    Where is this storefront property located?
    The property is located at 21 Church Ave SW Roanoke, VA.
    What are key features of this property?
    This property features: - Prime downtown Roanoke location on Church Ave with ample parking; - Potential for a live-work unit; - New roof installed in 2019
    (540) 761-4227
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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
    21 Church Ave SW Roanoke, VA 24011
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