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    5604 Starkey Rd Cave Spring, VA 24018

    • Office Properties & Spaces
    • 4,151 SF
    • 0.59 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $940,000
    Last Sale
    Sep 08, 2022
    $775,000
    Location Intelligence
    Property ID
    US87-0705967
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Skin Firm Aesthetics / Spa / Skin Care Clinic

    Property Details for 5604 Starkey Rd

    Year built
    1950
    Lot size
    0.59 lot acres
    Property size
    4,151 SF
    Zone code
    C1
    Property type
    Office Properties & Spaces
    APN
    087.19-03-33
    APU
    87190333

    Description

    This single-story, 4,151 square foot Class B office building, situated on a 0.59-acre lot in Roanoke, Virginia, presents a fantastic opportunity. Built in 1950, the property features two suites, with 2,200 square feet currently vacant and ready for immediate occupancy. The building is zoned C-1 and boasts ample parking with 10 spaces available for tenants and guests. The address is 5604 Starkey Rd, Cave Spring, VA 24018. This executive office space offers a convenient location with easy access to local amenities. The property includes no elevators. The APN is 087.19-03-33.00-0000. This is an excellent opportunity for a business seeking a well-maintained office space in a desirable location. The property offers a blend of classic charm and modern functionality, making it an ideal choice for a variety of businesses. The spacious layout provides flexibility for customization to meet specific needs. Don't miss this chance to secure a prime office space in a thriving community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $995,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $895,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $855,000
      Geo Method
      $840,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $805,000
      Retail
      $685,000
      Mixed-Use
      $875,000
      Hospitality
      $745,000
      Educational
      $660,000
      Residential Income
      $810,000
      Energy
      $820,000
      Income-Based Land
      $705,000
      Food Service
      $760,000

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9891
    Latitude
    37.206
    CBSA code
    40220
    CBSA name
    ROANOKE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,562
    $128,500
    $406,300
    $534,800
    -
    $128,500
    $406,300
    $534,800

    Comparable in this City

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      4917 Brambleton Ave

      CONDOMINIUM OFFICES • 827 SF
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      OFFICE (GENERAL) • 15,012 SF
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    • Value Estimation by Request
      46,946 SF

      5400 Fallowater Ln

      OFFICE (GENERAL) • 46,946 SF
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    Similar Nearby for Lease

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    • $15 SF/Yr
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      Prime Cave Spring Office Space

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      5604 Starkey Rd, Cave Spring, VA 24018
      View Details
    • $14 SF/Yr
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    • $18 SF/Yr
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    • $14 SF/Yr
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      Office building for lease on Electric Road with ample parking.
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    5604 Starkey Rd
    Cave Spring, VA 24018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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