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    3406 Brambleton Ave Cave Spring, VA 24018

    Sponsored
    For Sale
    $850,000

    Two Fully Leased Buildings, High Traffic Area

    Property size:
    5,747 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents two fully leased retail buildings totaling 5,747 square feet, situated on a combined 0.69 acres in the vibrant Cave Spring area of Roanoke County, Virginia. The property is ideally located at 3406 & 3414 Brambleton Avenue, a high-traffic corner lot adjacent to Our Daily Bread, ensuring excellent visibility and accessibility. The buildings are meticulously maintained and offer ample parking for customers and employees. The first building, located at 3406 Brambleton Avenue, encompasses 1,644 square feet on a 0.37-acre parcel. The second building, situated at 3414 Brambleton Avenue, comprises 4,103 square feet on a 0.32-acre parcel. Both buildings are currently leased and benefit from a C2 zoning designation, providing flexibility for a variety of commercial uses. The asking price for this turnkey investment is $850,000, presenting a compelling opportunity for investors seeking a stable, high-return property in a desirable location. The property's strong tenant occupancy and prime location make it an attractive investment with significant potential for long-term growth and appreciation. This offering represents a rare chance to acquire a well-established, income-producing retail property in a thriving community. The property's size, location, and zoning make it an ideal investment for both seasoned and new investors alike.

    Property Features for 3406 Brambleton Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,747 SF

    HighLights

    • $850,000 asking price.
    • 5,747 square foot retail storefront.
    • C2 zoning.
    • Located at 3406 & 3414 Brambleton Ave, Cave Spring, VA 24018.
    • Two fully leased buildings.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Refinery Hair & Makeup ... Beauty Salon Blown Away Spray ... Hair Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cave Spring
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9988677
    Latitude
    37.2382404

    Nearby Comparable

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    Nearby Similar for Sale

    • $775,000
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      Cave Spring Office Building

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    FAQs

    What type of property is this?
    Individual retail property - Two Fully Leased Buildings, High Traffic Area
    Where is this individual retail property located?
    The property is located at 3406 Brambleton Ave Cave Spring, VA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price.; 5,747 square foot retail storefront.; C2 zoning.
    Request Owner's contact information
    3406 Brambleton Ave 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
    3406 Brambleton Ave Cave Spring, VA 24018
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