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    2945 Orange Ave - NE Roanoke, VA

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    For Sale
    $750,000

    93 acres of industrial-zoned property near Statesman Industrial Park.

    Property size:
    6,000 SF
    Lot size:
    0.92 Acres

    Property Features for 2945 Orange Ave - NE

    General Information

    Size
    6,000 SF
    Lot size
    0.92 Acres

    Source: Poe & Cronk Real Estate Group Agent Peter Ostaseski

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

    Overview

    93 Acres Industrial-Zoned Property

    This property features 93 acres of industrial-zoned land. It includes a 6,000-square-foot structure with a mostly open layout. The location benefits from high traffic volume and proximity to Statesman Industrial Park. The property is currently fully leased to two short-term tenants.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.94
    Latitude
    37.27

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    FAQs

    What type of property is this?
    Industrial property - 93 acres of industrial-zoned property near Statesman Industrial Park.
    Where is this industrial property located?
    The property is located at 2945 Orange Ave - NE Roanoke, VA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 1.93 acres of industrial-zoned property; - Fantastic location with high traffic count; - Short drive from Statesman Industrial Park
    (540) 353-2661
    Request Owner's contact information
    2945 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
    2945 Orange Ave - NE Roanoke, VA
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