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    2740 Franklin Rd Roanoke, VA 24014

    For Lease
    $6 SF/Yr ($4,000 /Mo)

    8,000 SF Multi-Tenant Property

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 8,000 square foot multi-tenant commercial property, located at 2740 Franklin Rd SW in Roanoke, VA 24014, offers a unique opportunity for businesses seeking retail or office space. Built in 1977, this Class C building features a two-story design and provides ample parking with 25 spaces. The property is zoned CG and has a total of 8,000 square feet, with a minimum divisible space of 4,000 square feet. Currently, there is space available ranging from 500 to 4,000 square feet. The building boasts a convenient ground-level entry and abundant natural light. Its location offers easy access and visibility, making it an ideal space for a variety of businesses. The property's convenient location near downtown Roanoke provides access to a thriving local economy and community. The ample paved parking ensures easy access for customers and employees. This versatile space is perfect for businesses seeking a customizable layout to suit their specific needs, whether retail or office. The property's address is 2740 Franklin Rd SW, Roanoke, VA 24014, with the parcel number being 1160124. This is a prime opportunity to establish or expand your business in a vibrant and accessible location.

    Property Features for 2740 Franklin Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF
    Class
    C
    Total Rate
    4000

    Building Details

    Year Built
    1977
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    2nd Floor
    Size
    1,000 SF
    Rate per SF
    $8

    HighLights

    • CG Zoning allows for a variety of commercial uses.
    • Suites range from 500 to 700 square feet.
    • Monthly rent is $500 to $700.
    • Units feature flexible layouts and ample paved parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roanoke Kung Fu ... Martial Arts School Star City Batteries ... Battery Wholesaler Superlative Staffing LLC Employment Agency H.C. Baker Batteries ... Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -79.959880462579
    Latitude
    37.246510209835

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    FAQs

    What type of property is this?
    Office Property / Space - 8,000 SF Multi-Tenant Property
    Where is this office property / space located?
    The property is located at 2740 Franklin Rd Roanoke, VA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: CG Zoning allows for a variety of commercial uses.; Suites range from 500 to 700 square feet.; Monthly rent is $500 to $700.
    Request Owner's contact information
    2740 Franklin Rd Roanoke, VA 24014
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    Roanoke, VA 24014
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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
    2740 Franklin Rd Roanoke, VA 24014
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