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Financial
Distress signals
Property profile

2230 Electric Rd Roanoke, VA 24018

OFF-MARKET
Day care centers
Property ID
US87-0836940
5,700 SF 0.74 ac lot Built 1972
Last sale Mar 2012
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 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 investment opportunity presents two office buildings totaling 15,628 square feet situated on a 2.1-acre lot in desirable Southwest Roanoke County. The property, located at 2222-2230 Electric Road, Cave Spring, VA 24018, boasts a prime location along a high-traffic corridor (26,000 vehicles daily), offering excellent visibility and convenient access to I-81 (5 miles). The buildings, constructed in 1972 and 1983, are classified as Class B and feature a modified lease type…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$584k
Assessed land$290k
Assessed improvement$293k
Effective rate1.04%

Value estimate

· Oct 2026
$395k
$356k – $435k
AI approach$395k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
C2
JurisdictionROANOKE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon13.0
Auto Repair Shop11.1
Building Supply10.9

Location

2230 Electric Rd Roanoke, VA 24018-2302
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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

9 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby
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