4420 Electric Rd, Cave Spring, VA 24018
Tanglewood Mall, located at 4420 Electric Rd, Roanoke, VA 24018, offers a unique opportunity for medical office tenants. This expansive mixed-use property boasts a total of 811,270 square feet, situated on a generous 57.28-acre lot. The property features 20 individual suites, with a range of sizes available to accommodate various needs. Spaces range from a minimum of 471 square feet to a maximum contiguous space of 35,364 square feet, providing flexibility for both small and large practices. Currently, there are 105,231 square feet of vacant space ready for immediate occupancy. The property is conveniently located in Roanoke County, Cave Spring, and offers ample parking with 3,322 spaces available for tenants and visitors. The property's classification as both retail and office, specifically medical office and mixed-use, makes it an ideal location for a variety of healthcare businesses. This is a multi-tenant property, offering a vibrant and collaborative environment. The property is easily accessible and well-suited for a variety of medical practices seeking a prominent location in the Roanoke area. Interested parties should inquire about available suite sizes and lease terms.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.