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Other industrial properties
VA
Roanoke
24011
105 Franklin SW Rd

Property profile

105 Franklin Rd SW Roanoke, VA 24011

FOR LEASE

Industrial properties

Property ID

US87-0887273

30,445 SF 0.42 ac lot Built 1961

Entity Owned Absentee Owner Free & Clear

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$16.75 SF/Yr

105 Franklin Rd SW, Roanoke, VA 24011
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The Thomas B. Mason Building, located at 105 Franklin Rd SW in Roanoke, VA (zip code 24011), offers exceptional office space opportunities. This Class B building, constructed in 1961, boasts a total of 44,541 square feet and sits on a 0.8-acre lot. Currently, 28,197 square feet are vacant, divisible into units ranging from a minimum of 1,956 square feet to a maximum contiguous space of 11,519 square feet. The building features modern, updated common areas and a rare amenity for downtown Roanoke: both an internal parking garage and surface parking. Its highly visible corner location provides easy access from the city center and Interstate 581. Security features are in place, and the building currently houses multiple federal government professional offices, highlighting its suitability for a variety of businesses. The property is situated in Roanoke County, Virginia. This presents a unique chance to secure office space in a well-maintained building with convenient amenities and a strategic location. Contact us today to explore the available options and find the perfect space for your business needs.

Property type Industrial properties

Use group MIXED USE (COMMERCIAL/INDUSTRIAL)

Year built 1961

Construction TYPE NOT SPECIFIED

Total area 30,445 SF

Lot 0.42 ac (18,195 SF)

Zoning code D

APN 101-2616

UPID US87-0887273

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Justice Department
Federal Government Office

105 Franklin Rd SW Roanoke, VA 24011

Roanoke metro Census 1100 ROANOKE, VA METROPOLITAN STATISTICAL AREA

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CAP Approach CAP

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Comparable Approach Comparable

$3.12M

Blend (final) Blend

$2.84M

Zoning description

planting size as listed in £ection 36.2 642. 201 7 Zoning Amendments 5.23.18. 40 (dsD_ Standards in the CN and D Districts. Any gasoline station located in the Commercial-Neighborhood District (CN) or Downtown District (…

General category COMMERCIAL

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