Property profile

1515 Franklin SW Rd Roanoke, VA 24016

OFF-MARKET
Industrial properties
Property ID
US87-1140795
10,696 SF 0.7 ac lot Built 1992
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1992
Construction WOOD
Total area 10,696 SF
Lot 0.7 ac (30,326 SF)
Zoning code MX
APN 103-0920
UPID US87-1140795

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
  • Accounting Firm Tax Preparation
  • Accounting Firm
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation

Location

1515 Franklin SW Rd Roanoke, VA 24016-5206
Roanoke metro Census 1200 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.05M
Comparable Approach Comparable
$1.78M
Blend (final) Blend
$1.75M

Owner & transaction history

since 2017
2 recorded transactions
2017
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
Top alternative use upside
Medical building $2.1M +87.3%

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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