4760 Valley View BlvdRoanoke, VA 24012

Property Details for 4760 Valley View Blvd

Year built

2001

Construction

TYPE NOT SPECIFIED

Lot size

0.82 AC

Property size (Sq ft)

11,597 SF

Zone code

CG

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

225-0220

APU

2250220

Description

This exceptional retail opportunity is located at 4760 Valley View Blvd NW in Roanoke, Virginia, 24012. The property boasts an impressive 11,597 total square feet, strategically positioned across from the bustling Valley View Mall, ensuring high visibility and significant foot traffic. Built in 2001, this commercial property in Roanoke County offers two available suites, perfect for a variety of retail businesses. Each suite offers a flexible layout, with a minimum divisible space of 1,778 square feet and a maximum contiguous space of 2,002 square feet. Currently, 3,780 square feet are vacant, presenting a unique chance to establish a presence in a prime location. The property benefits from heavy daytime traffic along a thriving business corridor, providing excellent exposure to potential customers. This location offers the advantage of being near established national retailers, creating a synergistic environment for new businesses. The property's prime location and flexible space options make it an ideal investment for businesses seeking high visibility and strong foot traffic in a vibrant retail market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,577,686

  6.5%

  $1,456,325

  7%

  $1,352,302

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,281,664

  Geo Method

  $4,126,062

• Alternative Use

  Use

  Valuation

  Residential

  $1,456,325

  Hospitality

  $1,333,986

  Educational

  $1,109,861

  Medical

  $1,148,030

  Retail

  $1,726,450

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.3023

Longitude

-79.957

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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