901 11Th St Roanoke, VA 24013
- Industrial properties
- 112,711 SF
- 6.22 lot acres
Current Use by Public Records
- Relocation Benefits / Mover / Moving And Storage Service
- TAP Books Warehouse / Warehouse
Property Details for 901 11Th St
- Year built
- 1955
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 6.22 lot acres
- Property size
- 112,711 SF
- Zone code
- I-1
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 305-1106
- APU
- 3051106
Description
This single-tenant industrial warehouse, located at 901 11th St, Roanoke, VA 24013, offers 26,250 square feet of high-capacity space. Ideally situated near the city center, this property is perfect for businesses requiring significant storage and operational space. The warehouse features three loading docks, enhancing efficiency for loading and unloading operations. The property's convenient location provides easy access to transportation routes and key infrastructure, making it an attractive option for various industrial uses. The building's substantial square footage allows for flexible layout configurations to accommodate diverse operational needs. This is a rare opportunity to acquire a well-located, sizable warehouse in a thriving Virginia city. The property is classified as an industrial warehouse with single tenancy, ensuring a streamlined operational environment. Its strategic location near the city's core offers significant advantages in terms of accessibility and workforce proximity. The three loading docks significantly improve logistical efficiency, reducing operational bottlenecks and enhancing overall productivity. Serious inquiries are encouraged to explore this exceptional industrial real estate opportunity. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,120,000
- 6.5%
- $1,125,000
- 7%
- $1,315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,245,000
- Geo Method
- $1,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,255,000
- Retail
- $1,320,000
- Mixed-Use
- $1,210,000
- Hospitality
- $1,370,000
- Educational
- $1,325,000
- Residential Income
- $1,285,000
- Energy
- $1,225,000
- Income-Based Land
- $1,030,000
- Food Service
- $1,260,000
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Roanoke City
- State
- Virginia
- Longitude
- -79.9199
- Latitude
- 37.2816
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA
