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Property profile & analytics

1952 Washington Ave Vinton, VA 24179

  • Retail properties
  • 53,385 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by 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

Property Details for 1952 Washington Ave

Year built
1983
Property size
53,385 SF
Property type
Retail properties

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Vinton
County
Roanoke
State
Virginia
Longitude
-79.8656
Latitude
37.2808
More about this property
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