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    5060 Valley View Blvd Roanoke, VA 24012

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Medical Office Space Available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20,000 square foot, single-story medical office building is situated on a 2.07-acre lot at 5060 Valley View Blvd. Built in 1994 and renovated in 2010, the Class B property boasts two suites, currently both vacant, offering a total of 20,000 square feet of readily available space. The building features ample parking with 163 spaces, making it highly convenient for patients and staff. Its location offers unparalleled accessibility, being within walking distance of Valley View Mall, Roanoke's largest shopping center. Furthermore, its proximity to I-581 and the Roanoke-Blacksburg Regional Airport ensures easy commuting for both employees and clients. The property is zoned CG and has an APN of 2490111. The building offers a mix of open and private workspace, ideal for a variety of medical or professional office uses. The absence of elevators is noted. This presents a unique opportunity for a medical practice or group seeking a prominent location with significant space and convenient amenities. The building's layout is adaptable to suit various needs, offering flexibility for tenants to customize their space. This is a rare opportunity to acquire a substantial medical office building in a high-traffic, highly desirable location.

    Property Features for 5060 Valley View Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Class
    B
    Total Rate
    23333.33

    Building Details

    Year Built/Renovated
    1994/2010
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    10,000 SF
    Rate per SF
    $20
    Space
    Available Space 2
    Size
    10,000 SF
    Rate per SF
    $14

    HighLights

    • 20,000 SF medical office building on a 2.07‑acre lot.
    • Two suites totaling 20,000 SF are currently vacant.
    • Located on Valley View Blvd near Valley View Mall and I‑581.
    • Features 163 parking spaces.
    • Class B building constructed in 1994, renovated in 2010.
    Property Profile Location Intelligence

    Current Use by Public Records

    David Donahue Nurse Practitioner Mrs. Angela Martin Nurse Practitioner Sabrina Lynn Royall Nurse Practitioner Renee Nauful Nurse Practitioner New Horizons Healthcare Community Health Centre

    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
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.969377767172
    Latitude
    37.309161422036

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space Available
    Where is this medical office located?
    The property is located at 5060 Valley View Blvd Roanoke, VA.
    What is the lease rate?
    The lease rate is $14-$20 SF/Yr.
    What are key features of this property?
    This property features: 20,000 SF medical office building on a 2.07-acre lot.; Two suites totaling 20,000 SF are currently vacant.; Located on Valley View Blvd near Valley View Mall and I-581.
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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
    5060 Valley View Blvd Roanoke, VA 24012
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