Property profile

541 Luck Ave SW Roanoke, VA 24016

FOR LEASE
Office Units
Property ID
US87-1296549
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Property summary

AI-generated overview

In accordance with Jefferson Center's mission as this region's leading arts non-profit, they also strive to provide long and short-term rental space for community partners and individuals at rates far below market rate. This allows Jefferson Center resident partners, many of which are non-profits themselves, to concentrate on accomplishing their mission, rather than maintaining a facility. Jefferson Center's historic and beautiful facility offers the perfect setting for your organization. Your clients and staff will enjoy the inspiring 1920's architecture. Jefferson Center rates are full-service rates that include utilities, maintenance, and janitorial. Tenant pays for data/ phone.

Property profile

Verified
Property type Office Units
UPID US87-1296549

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Law Firm
  • Recording Studio
  • Charitable Organization Social Service Agency
  • Theater & Performing Art Venue

Location

541 Luck Ave SW Roanoke, VA 24016
Roanoke metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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