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Financial
Distress signals
Property profile

202 2nd NE St Roanoke, VA 24016

OFF-MARKET
Other industrial properties
Property ID
US87-1755592
2,100 SF 0.32 ac lot Built 1963
Last sale Mar 2022 · $2,200,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

202 2nd St. NE is a commercial building configured with an office and reception area at the front, transitioning into a garage space that occupies the remainder of the structure. The property is located in the downtown area and is designated for use under Downtown zoning.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$121k
Assessed land$55k
Assessed improvement$65k
Effective rate1.57%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$295k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
ZIP average, outlier-cleaned · 103 recorded sales of this use type
Observed band · Q1–Q3$47 – $167
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
D
District is to permit a wide variety of uses and relatively intense development in the downtown, consistent with historic development pat...
General categoryCOMMERCIAL
JurisdictionROANOKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon13.1
Pharmacy10.8
Skin Care Clinic10.8

Location

202 2nd NE St Roanoke, VA 24016-2099
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
117 Albemarle SW, Roanoke, VA 24016-4714 $350,000 Dec 2025 2,898 SF
703 Ctr NW, Roanoke, VA 24016-2310 $102,500 Jul 2025 2,291 SF
816 Franklin SW, Roanoke, VA 24016-4018 $305,000 Jul 2025 2,522 SF
927 Shenandoah NW, Roanoke, VA 24016-2222 $950,000 Jun 2025 2,800 SF
932 Moorman NW, Roanoke, VA 24016-1614 $160,000 Jun 2025 2,792 SF
3 8th SW, Roanoke, VA 24016-3003 $286,000 Jul 2024 1,570 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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