Property profile

1919 Electric Rd Roanoke, VA 24018

OFF-MARKET
Medical Office Space
Property ID
US87-1203942
7,860 SF 1.13 ac lot Built 1980
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1980
Total area 7,860 SF
Lot 1.13 ac (49,223 SF)
Zoning code C1C
APN 067.18-01-01
UPID US87-1203942

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
  • Medical Clinic
  • Alternative Medicine Practice
  • Physician

Location

1919 Electric Rd Roanoke, VA 24018-1641
Roanoke metro Census 30701 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2024
Last sale
$1.4M
5 recorded transactions
2024
$1.4M
2017
Price N/A
2006
$976,000
2001
$780,000
1969
Price N/A

Zoning & alternative use

C1C · Roanoke, VA

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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