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    1315 2Nd St SW Roanoke, VA 24016

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    For Lease
    $16 SF/Yr ($1,584 /Mo)

    Office and medical space in Roanoke's growth corridor.

    Property size:
    1,152 SF
    Lot size:
    1.21 Acres

    Property Features for 1315 2Nd St SW

    General Information

    Size
    1,152 SF
    Lot size
    1.21 Acres

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

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

    Overview

    Roanoke Office and Medical Space

    This property offers general office and medical office space. Recent upgrades have been made to the lobby. On-site parking is available. The property is situated in a neighborhood setting within Roanoke's growth corridor, providing convenient access to Downtown and Carilion Clinic. The property offers 1152 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    CORA Physical Therapy ... Physical Therapy Clinic Luis Matos, MD, ... Allergist Point Management Property Management Company A Better Tomorrow Support ... Mental Health Service Joint Regeneration Group ... Medical Clinic

    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
    -79.9443878
    Latitude
    37.2610297

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    FAQs

    What type of property is this?
    Office space - Office and medical space in Roanoke's growth corridor.
    Where is this office space located?
    The property is located at 1315 2Nd St SW Roanoke, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Convenient to Downtown and Carilion Clinic; - Located in Roanoke’s Growth Corridor; - Plenty of on-site parking
    (540) 767-3000
    Request Owner's contact information
    1315 2Nd St SW Roanoke, VA 24016
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    Roanoke, VA 24016
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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
    1315 2Nd St SW Roanoke, VA 24016
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