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Property profile & analytics
OFF-MARKET
Industrial properties
117 Albemarle SW Ave Roanoke, VA 24016-4714
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US87-1096262
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1900
Construction
WOOD
Total area
2,898 SF
Lot
0.15 ac (6,517 SF)
Zoning code
MX
APN
102-2307
UPID
US87-1096262
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Guild Mortgage - Karl Svendsen Consultant Mortgage Lender
-
Bluewater Financial Services Financial Advisor
-
Guild Mortgage Company Loan Service Bank
-
Guild Mortgage - Taylor Smelser Loan Service Bank
-
Guild Mortgage - Rene Chapman Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Star City Investments LLC
Star City Investments LLC
since 2025
Last sale
$350,000
6 recorded transactions
Zoning & alternative use
MX · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,789
Tax year 2024
Assessed value
$287,900
Assessed 2024
Previous assessed
$271,700
+6.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$59,100
Assessed improvement
$228,800
Land market value
$59,100
Improvement market value
$228,800
Total market value
$287,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
YES
Cooling
NONE
Stories
2
Total area
2,898 SF
Lot
0.15 ac (6,517 SF)
Zoning code
MX
APN
102-2307
UPID
US87-1096262
Jurisdiction
ROANOKE CITY
Zoning & alternative use
MX · Roanoke, VA
Zoning MX · permitted uses
MX · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roanoke. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Star City Investments LLC
Entity
Mailing address
4669 GULF BLVD #139, ST PETE BEACH, FL 33706-2405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
$350,000
Star City Investments LLC
Centerfield Ventures LLC
Deed
$297,500 · Pinnacle Bank
Jun 1, 2020
—
Centerfield LLC
Downtown Holdings LLC
Gift Deed
related
$1,482,400 · The National Bank Of Blacksburg
Dec 19, 2018
$300,000
Downtown Holdings LLC
Elm Holdings LLC
Deed
$240,000 · Five Points Bank Of Hastings
Dec 12, 2014
$252,000
Elm Holdings LLC
Downtown Holdings LLC
Deed
$214,200 · Hometown Bank
Apr 4, 2014
$119,500
Quick Fix Real Estate LLC
Cole,myron G
Grant Deed
—
Apr 4, 2014
$140,000
Downtown Holdings LLC
Quick Fix Real Estate LLC
Grant Deed
related
$156,900 · Valley Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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