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Property profile & analytics
OFF-MARKET Estimated value $1,040,000
Industrial properties

1330 Courtland NE Rd Roanoke, VA 24012-5102

9,480 SF 0.86 ac lot Built 1961
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-0807765
Property summary
AI-generated overview

This exceptional 9,480-square-foot free-standing building presents a compelling investment opportunity in Roanoke, Virginia. Located at 1330 Courtland Rd NE, this vacant property boasts a prime location just off Interstate 581, ensuring high visibility and convenient access for both customers and employees. The building is zoned CG, allowing for a diverse range of commercial uses, from retail to office space. Its spacious interior layout offers flexibility for various configurations, catering to a wide array of business needs. The property features ample parking, a significant advantage for attracting customers and ensuring convenient operations. The large storefront windows provide excellent natural light and enhance visibility from the street. This well-maintained structure sits on a 0.86-acre lot (APN 3070504) and offers significant potential for owner-occupiers or investors seeking a high-traffic location in a thriving Roanoke commercial area. The asking price is $1,195,000. This property represents a rare opportunity to acquire a versatile and strategically located commercial space in a desirable market. Its size, location, and zoning make it an ideal choice for a variety of businesses seeking a prominent presence in Roanoke.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1961
Construction TYPE NOT SPECIFIED
Total area 9,480 SF
Lot 0.86 ac (37,488 SF)
Zoning code CG
APN 307-0504
UPID US87-0807765
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
  • HTG Supply Hydroponics & Grow Lights Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
$692k
Blend (final) Blend
$1.04M
Owner & transaction history
2 Hornes Va LLC · 1 yrs held
2 Hornes Va LLC
since 2025
Last sale
$1.0M
1 recorded transaction
2025
$1.0M
Zoning & alternative use
CG · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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