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Property profile & analytics
FOR SALE
Commercial real estate

2131 Valley View Blvd Roanoke, VA 24012

11,346 SF 2.29 ac lot
Property ID
US87-1168839
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 11,346 square foot Class B executive office building situated at 2131 Valley View Blvd NW, Roanoke, VA 24012. The property boasts a strong 6.50% cap rate, a current NOI of $156,021, and a compelling asking price of $2,400,000 ($211.53/SF). Currently 100% occupied since January 1, 2023, under a net lease with a corporate guarantee, the tenant enjoys a 6-year lease (with 4.1 years remaining) featuring 3% annual rent escalations and a 1-5 year renewal option. The property sits on a 2.29-acre lot zoned MX(c) and benefits from excellent visibility and convenient access to major roadways. The lease includes supplemental income from a Verizon antenna. Minimal landlord responsibilities make this an ideal investment for a 1031 exchange or passive income seekers. Further lease details are available upon execution of a confidentiality agreement. This is a rare opportunity to acquire a high-quality, stable income-producing asset in a desirable Roanoke location.

Property profile
Verified
Property type Commercial real estate
Total area 11,346 SF
Lot 2.29 ac (99,752 SF)
UPID US87-1168839
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Commonwealth Catholic Charities Adoption Agency
  • Blue Ridge Mountains Council Training Center
  • District Commissioner's Info Hub Government Office
  • Mold Experts of Star City Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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