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    2774 Nicholas Ave NE Roanoke, VA 24012

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    For Lease
    $9 SF/Yr ($7,746 /Mo)

    Industrial property featuring a fenced yard and multiple drive-in doors.

    Property size:
    9,785 SF
    Lot size:
    1.00 Acres

    Property Features for 2774 Nicholas Ave NE

    General Information

    Size
    9,785 SF
    Lot size
    1.00 Acres

    Source: Cushman & Wakefield | Thalhimer - Roanoke Agent Barry Ward

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

    Overview

    Industrial Warehouse with Fenced Yard

    This industrial property includes a 1.0-acre fenced yard and is zoned I-1. The warehouse features five drive-in doors, including four 16-foot doors and one 10-foot by 12-foot door. The shop area offers a clear height of 24 feet. Ample parking is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Jack St Clair ... Utility Contractor

    Suggested Use

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

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

    Similar Places Nearby

    Rent-A-Space - Roanoke

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.906617
    Latitude
    37.3026282

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    FAQs

    What type of property is this?
    Warehouse - Industrial property featuring a fenced yard and multiple drive-in doors.
    Where is this warehouse located?
    The property is located at 2774 Nicholas Ave NE Roanoke, VA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Zoned I-1, allowing for a variety of uses; - 1.0 acre total property size; - Five drive-in doors (four 16’ doors and one 10’x12’ door)
    (540) 767-3000
    Request Owner's contact information
    2774 Nicholas Ave NE Roanoke, VA 24012
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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
    2774 Nicholas Ave NE Roanoke, VA 24012
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