5427 Peters Creek Rd Hollins, VA 24019
- Office Properties & Spaces
- 14,850 SF
- 1.34 lot acres
Current Use by Public Records
- Loan Officer - 293563 / Mortgage Lender / Mortgage Broker
- Evelena Mullens - Coast2Coast Mortgage Lending / Mortgage Broker / Mortgage Lender
- Pam Pope - Coast 2 Coast Lending / Mortgage Lender / Mortgage Broker
- Hamilton Group Funding, Inc. / Mortgage Lender
- Virginia Department of Corrections - Western Regional Office / Government Office
Property Details for 5427 Peters Creek Rd
- Year built
- 1992
- Lot size
- 1.34 lot acres
- Property size
- 14,850 SF
- Property type
- Office Properties & Spaces
Description
This three-story, 14,850-square-foot office building in Roanoke, Virginia, presents a compelling investment opportunity for owner-users or redevelopment projects. Located on a heavily trafficked section of Peters Creek Road (5427 Peters Creek Rd, Roanoke, VA 24019), this Class C property boasts ample parking and sits on a 1.34-acre lot. The building, constructed in 1992, features three units and is currently 90% occupied, with the lease expiring July 12, 2024. One side of the building offers an elevator servicing all three floors, while the other side comprises two stories without elevator access. The property is zoned C1 and offers significant potential for various uses. The asking price is $849,950, translating to $57.24 per square foot. This presents a rare chance to acquire a substantial office building in a prime Roanoke location, ideal for those seeking an owner-occupied space or a redevelopment project with high upside potential. The property's size, location, and existing occupancy make it an attractive investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollins
- County
- Roanoke
- State
- Virginia
- Longitude
- -79.9733
- Latitude
- 37.3361
