Property summary
Southwest Plaza, located at 2022 Electric Road in Roanoke, Virginia (zip code 24018), is a thriving retail strip center totaling 80,163 square feet. This Food Lion-anchored property offers a diverse range of leasing opportunities, with eight spaces currently available. Individual spaces range from a minimum of 820 square feet to a maximum contiguous space of 14,935 square feet, providing flexibility for various business needs. A significant 21,955 square feet is currently vacant, presenting a prime opportunity for expansion or new tenancy. The center benefits from excellent visibility and convenient access from Electric Road (Route 419), placing it within easy reach of substantial residential communities. Furthermore, Southwest Plaza presents a junior anchor space for lease and an outparcel opportunity for a build-to-suit project, catering to a variety of development preferences. The property is situated in Roanoke County, Virginia, and enjoys a strong trade area with desirable demographics. This location offers exceptional potential for businesses seeking high visibility and access to a robust customer base.
Property profile
VerifiedCap rate & NOI
Current use
-
Hair Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.