2129 Electric Rd Roanoke, VA 24018-1992
- Office Properties & Spaces
- 5,992 SF
- 0.74 lot acres
Current Use by Public Records
- Vital Records Control / Archive / Business To Business Service
- Forest Resources Association / Association / Organization
- SkinFit Esthetics, LLC / Waxing Hair Removal Service / Eyebrow Bar
- Barker Claim Services / Loss Adjuster
- Smith Mark CPA / Accountant
Property Details for 2129 Electric Rd
- Year built
- 1974
- Lot size
- 0.74 lot acres
- Property size
- 5,992 SF
- Property type
- Office Properties & Spaces
- APN
- 076.07-04-32.04-0000
- APU
- 76070432040000
Description
This attractive, well-maintained Class B office building in Cave Spring, Virginia, presents a unique owner-user opportunity. Located at 2129 Electric Rd, zip code 24018, in the desirable Oak Grove neighborhood, this 5,992 square foot multi-tenant property offers high visibility and immediate occupancy potential. The ground floor is currently vacant and ready for immediate use, making it ideal for a business seeking a move-in ready space. The upper floors are occupied by three long-term tenants on month-to-month leases who are interested in remaining. This presents a strong income stream for an owner-user, or the potential to increase rental income with future lease negotiations. The building's location within the growing Oak Grove community provides excellent access to local businesses and residents, capitalizing on the area's ongoing development and increasing property values. The asking price for this exceptional property is $595,000. This is a rare opportunity to acquire a well-situated, income-producing asset in a thriving Virginia community.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $285,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Roanoke
- State
- Virginia
- Longitude
- -80.0305
- Latitude
- 37.2437
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA