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    2302 Colonial Ave Roanoke, VA 24015

    For Lease
    $15 SF/Yr ($10,500 /Mo)

    Modern Office Suites in Roanoke, VA

    Lot size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Tower Corporate Center offers exceptional office space in Roanoke, Virginia. This Class B building, constructed in 1977, boasts a total of 8,400 square feet, with 1,729 square feet currently available for lease. The property is situated at 2302 Colonial Ave SW, Roanoke, VA 24015, offering convenient access to the city. Multiple tenancy options are available, catering to a range of business needs. Currently, two spaces are immediately available, ranging in size from 197 to 569 square feet, ideal for smaller companies or individuals seeking a professional setting. The building features on-site management and ample parking for tenants' convenience. All utilities are included in the competitive monthly lease rate, making budgeting straightforward and predictable. This is a fantastic opportunity to secure modern, well-maintained office space in a desirable Roanoke location. The building's traditional office layout provides a classic and efficient workspace. Interested parties are encouraged to inquire about available space and lease terms.

    Property Features for 2302 Colonial Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,400 SF
    Class
    B
    Total Rate
    10500

    Building Details

    Year Built
    1977

    Unit(s) available at that property

    Space
    Suite C
    Size
    0 SF
    Rate per SF
    $15
    Space
    Ground Level Single Office
    Size
    197 SF
    Rate per SF
    $15

    HighLights

    • Second‑level office suites available, ranging from 735 to 994 square feet.
    • Class B, 8,400 square foot office building with 1,729 square feet currently available for lease at 2302 Colonial Ave SW, Roanoke, VA 24015.
    • Two smaller suites immediately available (197‑569 sq ft).
    • On‑site management and ample parking.
    • All utilities included in competitive monthly lease rates.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael S. Burgoon, ... Chiropractor TOWERS FAMILY CHIROPRACTIC Chiropractor Helpful Hands Homecare ... Home Health Care Service Brian Evans - State ... Insurance Agency Arara Language Solutions, ... Translation Service

    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
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.957755943157
    Latitude
    37.253130125519

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Suites in Roanoke, VA
    Where is this office property / space located?
    The property is located at 2302 Colonial Ave Roanoke, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Second-level office suites available, ranging from 735 to 994 square feet.; Class B, 8,400 square foot office building with 1,729 square feet currently available for lease at 2302 Colonial Ave SW, Roanoke, VA 24015.; Two smaller suites immediately available (197-569 sq ft).
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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
    2302 Colonial Ave Roanoke, VA 24015
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