Financial
Distress signals
Property profile

2214 Patterson SW Ave Roanoke, VA 24016

OFF-MARKET
Industrial properties
Property ID
US87-0595685
14,940 SF 0.44 ac lot Built 1955
Last sale Feb 2007 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. 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

This exceptional Roanoke, VA industrial property, located at 2214 Patterson Ave SW, 24016, offers 14,850 square feet of versatile flex space, ideally suited for owner-occupancy or investment. The property comprises two distinct units, each with fully separated utilities. Unit 2214 Patterson Avenue encompasses approximately 8,500 square feet, featuring a 2,000 square foot showroom with tile flooring and built-in cabinetry, plus three to four offices. The remaining space provides warehouse or

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$6k
Tax billed · 2024
Assessed value$453k
Assessed land$29k
Assessed improvement$424k
Effective rate1.33%

Value estimate

· Sep 2026
$365k
$329k – $402k
AI approach$365k
Sales comparison$698k

Realmo valuation models over county records and 5 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 comparables5

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?
I-1
District is to provide for a range of wholesale, warehousing, distribution, storage, repair and service, assembly or processing, fabricat...
General categoryINDUSTRIAL
JurisdictionROANOKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant12.7
Realty agency11.9
Clothing Store9.9

Location

2214 Patterson SW Ave Roanoke, VA 24016-2524
County assessor Recorded deeds · 3 transfers 5 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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