Property profile

1326 7th NE St Roanoke, VA 24012

OFF-MARKET
Industrial properties
Property ID
US87-1175167
9,567 SF 2.1 ac lot Built 2001
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2001
Construction TYPE NOT SPECIFIED
Total area 9,567 SF
Lot 2.1 ac (91,463 SF)
Zoning code MX
APN 304-3009
UPID US87-1175167

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
  • Medical Clinic
  • Medical Clinic

Location

1326 7th NE St Roanoke, VA 24012-5703
Roanoke metro Census 500 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$1.80M

Owner & transaction history

since 2019
5 recorded transactions
2020
Price N/A
2019
$2.8M
2019
Price N/A
2018
$1.4M
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
Top alternative use upside
Medical building $1.9M +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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