Property profile

1002 Hershberger NW Rd Roanoke, VA 24012

OFF-MARKET
Industrial properties
Property ID
US87-0975074
1,448 SF 0.34 ac lot Built 1930
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1930
Construction WOOD
Total area 1,448 SF
Lot 0.34 ac (14,932 SF)
Zoning code MX
APN 217-0102
UPID US87-0975074

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Construction Company General Contractor

Location

1002 Hershberger NW Rd Roanoke, VA 24012-2338
Roanoke metro Census 400 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2019
$155,000

Zoning & alternative use

MX · Roanoke, VA
Zoning description

The amendment to the purpose statement of the MX district now provides a better reflection of the character of the district: The purpose of the MX District is to accommodate residential uses and low intensity, small‐scal…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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