Property profile

1545 Patrick NE Rd Roanoke, VA 24012

OFF-MARKET
Industrial properties
Property ID
US87-1047534
4,042 SF 2.17 ac lot Built 1985
Entity Owned Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1985
Construction TYPE NOT SPECIFIED
Total area 4,042 SF
Lot 2.17 ac (94,342 SF)
Zoning code I-1
APN 716-0107
UPID US87-1047534

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
  • Marketing & Advertising Advertising Agency

Location

1545 Patrick NE Rd Roanoke, VA 24012-8604
Roanoke metro Census 601 ROANOKE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$770k
Comparable Approach Comparable
$892k
Blend (final) Blend
$760k

Owner & transaction history

Zoning & alternative use

I-1 · Roanoke, VA
Zoning description

aced along the street frontage of the lot or portion of the lot housing the gasoline station. The trees and shrubs shall meet the minimum planting size as listed in Section 36.2-642 . {eQ)__ Standards in the CG CLS, emd…

General category INDUSTRIAL
Top alternative use upside
Medical building $800,000 +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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