Technical
Financial
Distress signals
Property profile

1626 Orange NW Ave Roanoke, VA 24017

OFF-MARKET
Industrial properties
Property ID
US87-0739446
3,276 SF 0.92 ac lot Built 1960
Entity Owned 9-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 1960
Construction TYPE NOT SPECIFIED
Total area 3,276 SF
Lot 0.92 ac (40,175 SF)
Zoning code CN
APN 222-1601
UPID US87-0739446

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
  • Discount Store

Location

1626 Orange NW Ave Roanoke, VA 24017
Roanoke metro Census 2501 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
$625k
Comparable Approach Comparable
$482k
Blend (final) Blend
$550k

Owner & transaction history

since 2016
1 recorded transaction
2016
$2.0M

Zoning & alternative use

CN · Roanoke, VA
Zoning description

District MX CN CG CLS D IN ROS UF UC Dwellings P P P P P P P P P The simplified and equitable group living approach was carried over from residential districts into the multiple purpose districts, with small scale permit…

General category COMMERCIAL
Top alternative use upside
Medical building $650,000 +104.2%

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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