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Financial
Distress signals
Property profile

2727 Franklin SW Rd Roanoke, VA 24014

OFF-MARKET
Other industrial properties
Property ID
US87-0709527
27,726 SF 2.04 ac lot Built 1960
Last sale Sep 2024 · $2,832,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 2727 Franklin Road, SW, in Roanoke, Virginia, this commercial property provides 10,923 square feet of space and is configured to allow customizable floor plans. It is situated on the Franklin Road corridor in southwest Roanoke, within the city’s Innovation Corridor, among medical, research, and professional facilities. The property has ample on-site parking and direct access to I-581 and U.S. 220 via Wonju Street, approximately one mile to the east, with U.S. 220/Franklin Road…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$42k
Tax billed · 2024
Assessed value$3.24M
Assessed land$905k
Assessed improvement$2.34M
Effective rate1.30%

Value estimate

· Oct 2026
$2.84M
$2.55M – $3.12M
AI approach$2.84M
Submarket $/SF estimate$2.65M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$128 – $305
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CG
District is to permit motor vehicle dependent uses that are generally developed as single use developments on individual lots, subject to...
General categoryCOMMERCIAL
JurisdictionROANOKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.7
Building Supply24.4
Wholesale Shop21.5

Location

2727 Franklin SW Rd Roanoke, VA 24014-1011
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2217 Crystal Spg SW, Roanoke, VA 24014-2433 $625,000 Jan 2024 4,790 SF
202 Duke Gloucester SW, Roanoke, VA 24014-1372 $1,750,000 May 2023 13,081 SF
4335 Pheasant Rdg, Roanoke, VA 24014-5272 $2,500,000 Jan 2023 13,740 SF
301 Mcclanahan SW, Roanoke, VA 24014-1734 $1,550,000 Jun 2022 6,561 SF
3723 Franklin SW, Roanoke, VA 24014-2260 $156,000 Apr 2022 49,094 SF
2743 Franklin SW, Roanoke, VA 24014-1011 $2,500,000 Feb 2022 25,072 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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