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Property profile & analytics
OFF-MARKET
Office Spaces

11 Franklin Rd Roanoke, VA 24011

3,721 SF
Property ID
Property summary
AI-generated overview

This exceptional 2,600 square foot office space is ideally situated in downtown Roanoke, Virginia, at 11 Franklin Road SW, near Paul's Restaurant. The single-tenant property boasts a desirable Class C designation and is zoned D. The space is part of a larger 3,721 square foot building and offers a versatile layout perfect for a variety of businesses. Features include seven individual offices, a dedicated conference room for meetings and presentations, a welcoming reception area, a convenient kitchenette, ample built-in cabinetry for storage, and a skylight that bathes the interior in natural light. Its central location provides easy access to ample parking, a diverse selection of restaurants, and convenient shopping options. The asking rent is $10 per square foot, with tenants responsible for gas, heat, and electricity. This property presents a unique opportunity to establish a thriving business in a vibrant and accessible downtown setting. The space is categorized as Traditional, Executive, and Creative Office, offering flexibility for various business needs.

Property profile
Verified
Property type Office Spaces
Total area 3,721 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
  • Wilson C. Pasley, PLC Law Firm
  • Proliant Accounting Firm
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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