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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Cove Rd Roanoke, VA 24019

3,234 SF 0.92 ac lot Built 1952
Property ID
Property summary
AI-generated overview

This exceptional 3,234 square foot storefront, located at 3312 Cove Rd NW in Roanoke, VA 24019, presents a remarkable investment opportunity. Built in 1952, this single-story building sits on a 0.92-acre lot (APN: 6440201; 6440202) and is zoned CG. The property boasts significant traffic exposure, with over 24,000 vehicles passing daily, ensuring high visibility for your business. Recent improvements include new mini-split heating and cooling units and a freshly reshingled garage roof, minimizing immediate maintenance needs. The current tenant is on a month-to-month lease, offering flexibility for the new owner. This well-maintained property offers a rare chance to establish or expand your business in a highly desirable Roanoke location. The asking price is $589,978. Don't miss this chance to capitalize on this prime retail space.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1952
Total area 3,234 SF
Lot 0.92 ac (40,075 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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