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    913 13Th St Roanoke, VA 24013

    Sponsored
    For Sale
    $1,750,000

    Prime Retail Location, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail endcap space, located at 1435 W 1st St, offers unparalleled visibility and accessibility. The 7,577 square foot building sits on a substantial 33,510 square foot lot, providing ample space for a variety of retail uses. Its strategic corner location at a signalized intersection ensures high traffic exposure, maximizing visibility to potential customers. The property benefits from a strong demographic profile, with over 52,800 residents within a one-mile radius and 336,000 residents within three miles. This translates to a large potential customer base for any business. The area boasts a significant Latino demographic, with 89% Hispanic origin within one mile and 75% within three miles. This presents a unique opportunity to cater to a thriving and densely populated community. The property's proximity to established businesses like El Toro Carniceria, Superior Grocers, and Food 4 Less further enhances its appeal and provides synergistic opportunities. This is a rare opportunity to secure a high-impact retail space in a densely populated and highly visible location. The multiple tenancy option allows for flexibility in lease terms and potential for expansion. This property is ideal for businesses seeking strong visibility and access to a large, diverse customer base.

    Property Features for 913 13Th St

    General Information

    Property type
    Land
    Lot Size
    162,914 SF

    HighLights

    • High‑visibility corner retail building.
    • 7,577 square foot endcap space available for lease.
    • Multiple tenancy.
    • 33,510 square foot lot.
    • Located on a high‑traffic signalized intersection, near Superior Grocers and Food 4 Less.
    • Strong demographics: over 52,800 residents within 1 mile, 336,000 within 3 miles; 89% Hispanic within 1 mile, 75% within 3 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.921809952399
    Latitude
    37.270740764694

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    FAQs

    What type of property is this?
    Land - Prime Retail Location, High Traffic Area
    Where is this land located?
    The property is located at 913 13Th St Roanoke, VA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: High-visibility corner retail building.; 7,577 square foot endcap space available for lease.; Multiple tenancy.
    (540) 204-4935
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    913 13Th St Roanoke, VA 24013
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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
    913 13Th St Roanoke, VA 24013
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