20 Roanoke St Fincastle, VA 24090-3102
Property profile & analytics
20 Roanoke St, Fincastle, VA 24090-3102
- Commercial real estate
- 0.43 lot acres
Property ID
US87-1377261
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 20 Roanoke St
- Lot size
- 0.43 lot acres
- Zone code
- T
- Property type
- Commercial real estate
- APN
- 73A(1)110C
- APU
- 73A1110C
Description
This exceptional investment opportunity presents a fully leased, mixed-use building situated at 20 S Roanoke St, Fincastle, VA 24090. The 15,000 square foot property, built in 1900 and renovated in 2002, boasts a prime location in downtown Fincastle and is currently 100% occupied. The building comprises a three-story structure with one building and features two residential units located at the parking level. Tenants include the Commonwealth of Virginia and Microharmonics Corp., both credit-rated, under a modified lease type with a remaining term of five years, expiring November 30, 2029. The property's strong financial performance is reflected in its current NOI of $216,978, resulting in a 7.76% cap rate. The stabilized investment offers a compelling pro-forma cap rate of 7.76% and a price per square foot of $186.33. The property is zoned for Town of Fincastle use and has an APN of 73A(1)118&119A. This rare opportunity offers a blend of historical charm and modern functionality, making it an ideal addition to any investment portfolio. The building's strong tenancy and long-term leases provide exceptional stability and predictable cash flow. This is a truly unique opportunity to acquire a high-performing asset in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fincastle
- County
- Botetourt
- State
- Virginia
- Longitude
- -79.8773
- Latitude
- 37.4985
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$91,200
$528,200
$619,400
-
$91,200
$528,200
$619,400
