Technical
Financial
Distress signals
Property profile

1116 Orange NE Ave Roanoke, VA 24012

OFF-MARKET
Industrial properties
Property ID
US87-0845852
4,296 SF 0.41 ac lot Built 1974
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1974
Construction TYPE NOT SPECIFIED
Total area 4,296 SF
Lot 0.41 ac (17,642 SF)
Zoning code I-1
APN 305-0104
UPID US87-0845852

Cap rate & NOI

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

Location

1116 Orange NE Ave Roanoke, VA 24012-5842
Roanoke metro Census 601 ROANOKE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$990k
CAP Approach CAP
$820k
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k

Owner & transaction history

since 2025
Last sale
$885,000
2 recorded transactions
2025
$885,000
2018
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
Top alternative use upside
Medical building $850,000 +41.2%

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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