Property profile

1018 Salem SW Ave Roanoke, VA 24016

OFF-MARKET
Industrial properties
Property ID
US87-1171323
5,183 SF 0.13 ac lot Built 1914
Entity Owned Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1914
Construction WOOD
Total area 5,183 SF
Lot 0.13 ac (5,837 SF)
Zoning code I-1
APN 111-1406
UPID US87-1171323

Cap rate & NOI

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

Location

1018 Salem SW Ave Roanoke, VA 24016-2918
Roanoke metro Census 1000 ROANOKE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$105,000
4 recorded transactions
2025
$105,000
2011
$6,000
2007
Price N/A
2007
Price N/A

Zoning & alternative use

I-1 · Roanoke, VA
Zoning description

aced along the street frontage of the lot or portion of the lot housing the gasoline station. The trees and shrubs shall meet the minimum planting size as listed in Section 36.2-642 . {eQ)__ Standards in the CG CLS, emd…

General category INDUSTRIAL

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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