Property profile

1234 Franklin SW Rd Roanoke, VA 24016

OFF-MARKET
Industrial properties
Property ID
US87-1022361
13,134 SF 0.47 ac lot Built 1956
Individually Owned 2-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 1956
Construction TYPE NOT SPECIFIED
Total area 13,134 SF
Lot 0.47 ac (20,652 SF)
Zoning code MX
APN 102-3005
UPID US87-1022361

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
  • Physician Hospital
  • Physician Hospital
  • Physician
  • Physician
  • Tattoo & Piercing Shop Skin Care Clinic

Location

1234 Franklin SW Rd Roanoke, VA 24016-4606
Roanoke metro Census 1200 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.90M

Owner & transaction history

since 2024
Last sale
$5.9M
4 recorded transactions
2024
$5.9M
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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