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Property profile & analytics
OFF-MARKET
Industrial properties
2154 Mcvitty SW Rd Roanoke, VA 24018-1642
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0792528
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1952
Construction
WOOD FRAME
Total area
1,595 SF
Lot
0.96 ac (41,953 SF)
Zoning code
MX
APN
510-0528
UPID
US87-0792528
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
-
Dr. NICHOLAS A. RAMEY, M.D. Ophthalmologist
-
Vistar Eye Center Medical Clinic Eye Care Center
-
Roanoke Valley Center For Sight Eye Care Center Ophthalmologist
-
Dr. Paul Lenkowski MD, Ph.D Physician
-
Timothy Byrnes Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gatewood Green LLC · 16 yrs held
Gatewood Green LLC
since 2010
3 recorded transactions
Zoning & alternative use
MX · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$40,728
Tax year 2024
Assessed value
$3,248,000
Assessed 2024
Previous assessed
$3,206,100
+1.3% YoY
Effective rate
1.25%
On assessed value
Assessed land
$461,700
Assessed improvement
$2,786,300
Land market value
$461,700
Improvement market value
$2,786,300
Total market value
$3,248,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1952
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Total area
1,595 SF
Lot
0.96 ac (41,953 SF)
Zoning code
MX
APN
510-0528
UPID
US87-0792528
Jurisdiction
ROANOKE CITY
Zoning & alternative use
MX · Roanoke, VA
Zoning MX · permitted uses
MX · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roanoke. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Lot
0.96 ac
Current owner
From public records · entity-resolved
Gatewood Green LLC
Entity
Mailing address
5211 S CONCOURSE DR, ROANOKE, VA 24019-1421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2026
—
Mcvitty Associates LLC
—
Deed
related
$2,668,453 · First Citizens Bank & Trust Co
Nov 22, 2017
—
Mcvitty Associates LLC
—
Deed
related
$375,000 · First Citizens Bank And Trust Co INC
Jan 12, 2010
$440,000
Gatewood Green LLC
Clark,charles R SR & Rebecca H
Grant Deed
$330,000 · First Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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