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Financial
Distress signals
Property profile

631 Peters Creek Rd NW Roanoke, VA 24017

FOR LEASE
Industrial properties
Property ID
US87-1064786
16,800 SF 1.61 ac lot Built 2005
Last sale Feb 2022 · $214,626
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. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Creekside Center, a 16,530 square foot retail strip center in Roanoke, Virginia, offers exceptional opportunities for businesses seeking high-visibility locations. Built in 2005, this single-story building boasts 6,300 square feet of immediately available space, divisible into units ranging from 1,400 to 2,800 contiguous square feet. The property sits on a 2.65-acre lot and provides ample parking, with a ratio of 3.63 spaces per 1,000 square feet. Its prime location at the intersection of…

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.

Debts

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?
$19k
Tax billed · 2024
Assessed value$1.46M
Assessed land$476k
Assessed improvement$985k
Effective rate1.33%

Value estimate

· Oct 2026
$905k
$815k – $996k
AI approach$905k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
ZIP average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$56 – $147
Qualifying comparables4

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?
CLS
District is to accommodate multiple buildings and uses that are large in scale and generally characterized by multiple tenants or uses on...
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 agency27.3
Restaurant24.4
Law Firm20.2

Location

631 Peters Creek Rd NW Roanoke, VA 24017
County assessor Recorded deeds · 9 transfers 4 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3348 Salem NW, Roanoke, VA 24017-6607 $3,200,000 Jan 2026 27,177 SF
1701 Cv NW, Roanoke, VA 24017-3331 $280,000 May 2025 4,280 SF
510 11th NW, Roanoke, VA 24017-5712 $63,000 Apr 2025 9,210 SF
3321 Shenandoah NW, Roanoke, VA 24017-4941 $1,391,250 Jan 2025 12,839 SF
2720 Cv NW, Roanoke, VA 24017-3016 $182,600 May 2024 4,344 SF
3305 Ordway NW, Roanoke, VA 24017-1916 $4,000,000 Mar 2024 55,422 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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