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    4097 Electric Rd Cave Spring, VA 24018

    Sponsored
    For Lease
    $18 SF/Yr

    2,900 sq ft Single-Tenant Medical Office

    Lot size:
    2,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,900 square foot medical office building is ideally situated at 4097 Electric Road in Cave Spring, Virginia, zip code 24018. The property boasts a single-tenant occupancy, offering a streamlined and efficient operational environment. Classified as both retail and office space, this versatile building presents a unique opportunity for medical professionals seeking a prominent location within a thriving commercial area. Its prime location within the busy 419 Corridor ensures high visibility and accessibility for patients and clients. The building's single-tenant configuration minimizes management complexities and offers a stable income stream. Located in Roanoke County, Virginia, this property benefits from the area's robust infrastructure and supportive business environment. The address is easily accessible, providing convenient access for both staff and patients. This property presents a compelling investment opportunity for those seeking a well-located, single-tenant medical office building in a high-traffic area. The building's size and configuration are well-suited for a variety of medical practices. Further details regarding the property's specifics are available upon request. Serious inquiries are encouraged to explore this promising investment opportunity. The property is located at 37.2256683 latitude and -79.9807707 longitude.

    Property Features for 4097 Electric Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,900 SF

    Unit(s) available at that property

    Space
    Size
    2,900 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Divine Fog Realty ... Real Estate Agency RUSTY HUBBARD - REALTOR, ... Real Estate Agent Jessica P Rossello, ... Real Estate Agent Emily Simpson Realtor® Real Estate Agency Stephanie Varney Realtor Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cave Spring
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9807707
    Latitude
    37.2256683

    Nearby Comparable

    • $10 SF/Yr
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      Electric Road Retail/Office Space

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      Office Space on Electric Road

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    Nearby Similar for Lease

    • $17 SF/Yr
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      Brambleton Ave Office Space For Lease

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      La Premiere Office Suites, Cave Spring

      Prime Roanoke County office space available.
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      Executive Suites & Office Space Available
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      Prime Roanoke Office Space

      139K SF Office Building, 10K+ SF Vacant
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      Old Country Plaza Retail Space

      Prime Roanoke County retail space available.
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    • $15 SF/Yr
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      Prime Cave Spring Office Space

      2,200 SF Executive Office Available
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      View Details

    FAQs

    What type of property is this?
    Medical office - 2,900 sq ft Single-Tenant Medical Office
    Where is this medical office located?
    The property is located at 4097 Electric Rd Cave Spring, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    4097 Electric Rd Cave Spring, VA 24018
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    Cave Spring, VA 24018
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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
    4097 Electric Rd Cave Spring, VA 24018
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