1602 Rutrough Rd SE Roanoke, VA 24014
For Sale
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This exceptional Midtown South office property at 42 W 38th St offers a diverse range of spaces perfect for various business needs. Located in the vibrant Garment District, this 64,365 square foot building boasts a rich history, having been constructed in 1936, and now provides modern amenities for today's businesses. Multiple tenancy options are available, with six individual spaces currently available, ranging from 1,400 to 2,215 square feet. The building caters to a variety of office styles, including traditional, executive, coworking, medical, and creative office setups, offering flexibility to suit diverse business models. Tenants enjoy convenient 24/7 access with a dedicated doorman, ensuring security and peace of mind. Individual climate control allows for personalized comfort, while abundant natural light creates a welcoming and productive work environment. The building's prime location offers unparalleled accessibility, with easy walking distance to numerous subway lines (A, C, E, N, Q, R, W, S, 4 & 6) and a plethora of bus routes. The surrounding area is brimming with a wide selection of restaurants, bars, and entertainment options, providing employees with a vibrant and convenient work-life balance. This is a truly unique opportunity to secure office space in one of Manhattan's most sought-after locations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Roanoke, VARoanoke. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.