Financial
Distress signals
Property profile

1016 Hershberger NW Rd Roanoke, VA 24012

OFF-MARKET
Industrial properties
Property ID
US87-0835981
2,420 SF 0.54 ac lot Built 1968
Last sale Nov 2025 · $490,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$358k
Assessed land$174k
Assessed improvement$185k
Effective rate1.50%

Value estimate

· Sep 2026
$495k
$446k – $545k
AI approach$465k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$140/SF
ZIP average, outlier-cleaned · 161 recorded sales of this use type
Observed band · Q1–Q3$71 – $221
Qualifying comparables5

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 agency17.7
Law Firm17.4
Building Supply10.0

Location

1016 Hershberger NW Rd Roanoke, VA 24012-2338
County assessor Recorded deeds · 5 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1518 Hershberger NW, Roanoke, VA 24012-7320 $1,146,005 Feb 2026 2,506 SF
2774 Nicholas NE, Roanoke, VA 24012-5628 $1,300,000 Dec 2025 3,488 SF
3102 Williamson NW, Roanoke, VA 24012-4356 $150,000 Jun 2025 2,035 SF
3326 Williamson NW, Roanoke, VA 24012-4058 $41,000 May 2025 2,210 SF
111 Laconia NE, Roanoke, VA 24012-4811 $130,000 Apr 2025 2,917 SF
1620 Hershberger NW, Roanoke, VA 24012-7209 $895,000 Jan 2025 2,622 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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