Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3214 Electric Rd Cave Spring, VA 24018

    For Lease
    $15 SF/Yr

    Cave Spring Office & Retail Space

    Lot size:
    19,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Springwood Park, located at 3214 Electric Rd in Cave Spring, VA 24018, offers a diverse range of commercial spaces ideal for businesses of all sizes. This 19,200 square foot property, built in 1985 and situated on a 1.16-acre lot, is zoned C2C - General Commercial. The property features a variety of options, from executive office suites with a minimum divisible space of 168 square feet, to larger contiguous spaces up to 1,200 square feet, perfect for street-level retail. Currently, 3,368 square feet of space is available. The building enjoys a prime location at the intersection of Electric Road and Brambleton Avenue, providing excellent visibility and accessibility. Its long-standing presence in the Southwest Roanoke County submarket makes it a well-established and recognizable address. The property's APN is 540-982-2444, and Roanoke County is the governing jurisdiction. This versatile property is well-suited for a variety of commercial uses, offering a unique opportunity to establish or expand your business in a thriving location. The property's multiple tenancy allows for flexibility in lease terms and space configurations.

    Property Features for 3214 Electric Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,200 SF
    Total Rate
    24000

    Building Details

    Year Built
    1985

    Unit(s) available at that property

    Space
    Suite 310
    Size
    168 SF
    Rate per SF
    $18
    Space
    Suite 202
    Size
    1,200 SF
    Rate per SF
    $15

    HighLights

    • High‑traffic location with excellent visibility.
    • Ample on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nourished IV Drip ... Medical Clinic Perfect Nails Nail Salon Hair Trends Hairdresser Charles H. Holland, ... Psychologist Springwood Park Business Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cave Spring
    County
    Roanoke
    State
    Virginia
    Longitude
    -80.0073994
    Latitude
    37.2300796

    Nearby Similar for Lease

    • $17 SF/Yr
      16,000 SF

      Windsor Hills Medical Office

      Class A medical suites, Southwest Roanoke County
      3090 Electric Rd, Cave Spring, VA 24018
      View Details
    • $12 SF/Yr
      8,394 SF

      Cave Spring Office Space Available

      1,414 SF Office, Prime Location
      4519 Brambleton Ave, Cave Spring, VA 24018
      View Details
    • Contact for pricing
      811,270 SF

      Tanglewood Mall Medical Office Space

      Prime Medical Office Space in Roanoke, VA. Multiple suites available.
      4420 Electric Rd, Cave Spring, VA 24018
      View Details
    • $18 SF/Yr
      1,893 SF

      Brambleton Ave Office Space For Lease

      High-traffic Cave Spring office space.
      4525 Brambleton Ave, Cave Spring, VA 24018
      View Details
    • $14 SF/Yr
      2,559 SF

      La Premiere Office Suites, Cave Spring

      Prime Roanoke County office space available.
      2727 Electric Rd, Cave Spring, VA 24018
      View Details
    • $16 SF/Yr
      26,208 SF

      South Roanoke Office Building

      Executive Suites & Office Space Available
      3130 Chaparral Dr, Cave Spring, VA 24018
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Cave Spring Office & Retail Space
    Where is this individual retail property located?
    The property is located at 3214 Electric Rd Cave Spring, VA.
    What is the lease rate?
    The lease rate is $15-$18 SF/Yr.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Ample on-site parking.;
    Request Owner's contact information
    3214 Electric Rd Cave Spring, VA 24018
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3214 Electric Rd
    Cave Spring, VA 24018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3214 Electric Rd Cave Spring, VA 24018
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.