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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1952 Washington Ave Vinton, VA 24179

53,385 SF Built 1983
Property ID
Property summary
AI-generated overview

East Vinton Plaza, located in Roanoke County, presents a prime opportunity for investors seeking a stable, fully-leased retail property. This single-story, 53,385 square foot center was originally constructed in 1983 and underwent a significant renovation in 2008, ensuring modern amenities and functionality. The property boasts a total of 242 parking spaces, providing ample convenience for customers and tenants. Currently, the center is 100% occupied, indicating strong tenant demand and a stable income stream. The absence of elevators is offset by the single-story design, promoting easy accessibility throughout the property. The building's retail configuration is ideal for a variety of businesses, benefiting from high visibility and foot traffic. With its established presence and recent renovations, East Vinton Plaza offers a secure investment opportunity in a thriving retail market. The property's strong occupancy rate and ample parking make it an attractive option for both tenants and investors. The 2008 renovation ensures the building is well-maintained and equipped to meet the needs of modern businesses. This fully-leased retail center represents a compelling investment prospect with a proven track record of success. The property's location in Roanoke County provides access to a substantial customer base and a robust local economy.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1983
Total area 53,385 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
Current use
Occupant on record · Public records
  • Food Lion Grocery & Convenience Store Food Market
  • East Vinton Plaza Shopping Center & Mall
  • Western Union Bank Credit Union
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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