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    2131 Valley View Blvd Roanoke, VA 24012

    Sponsored
    For Sale
    $2,400,000

    Prime Roanoke Office Building, Net Lease

    Property size:
    11,346 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a fully leased, 11,346 square foot Class B executive office building situated at 2131 Valley View Blvd NW, Roanoke, VA 24012. The property boasts a strong 6.50% cap rate, a current NOI of $156,021, and a compelling asking price of $2,400,000 ($211.53/SF). Currently 100% occupied since January 1, 2023, under a net lease with a corporate guarantee, the tenant enjoys a 6-year lease (with 4.1 years remaining) featuring 3% annual rent escalations and a 1-5 year renewal option. The property sits on a 2.29-acre lot zoned MX(c) and benefits from excellent visibility and convenient access to major roadways. The lease includes supplemental income from a Verizon antenna. Minimal landlord responsibilities make this an ideal investment for a 1031 exchange or passive income seekers. Further lease details are available upon execution of a confidentiality agreement. This is a rare opportunity to acquire a high-quality, stable income-producing asset in a desirable Roanoke location.

    Property Features for 2131 Valley View Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,346 SF
    Class
    B
    Lot Size
    99,752 SF

    HighLights

    • Long‑term net‑net lease.
    • Minimal landlord responsibilities.
    • Strong, creditworthy tenant.
    • Excellent street visibility.
    • Prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commonwealth Catholic Charities Adoption Agency Blue Ridge Mountains ... Training Centre District Commissioner's Info ... Government Office Mold Experts of Star ... Building Restoration Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9643906
    Latitude
    37.3109218

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Roanoke Office Building, Net Lease
    Where is this office property / space located?
    The property is located at 2131 Valley View Blvd Roanoke, VA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Long-term net-net lease.; Minimal landlord responsibilities.; Strong, creditworthy tenant.
    (540) 855-3647
    Request Owner's contact information
    2131 Valley View Blvd Roanoke, VA 24012
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    Roanoke, VA 24012
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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
    2131 Valley View Blvd Roanoke, VA 24012
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