2727 Electric Rd SW Cave Spring, VA 24018
Property profile & analytics
2727 Electric Rd SW, Cave Spring, VA 24018
- Office Spaces
- 23,152 SF
- 1.83 lot acres
Property ID
US87-0828750
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Campbell Randall / Law Firm
- McGraw Law Pc / Law Firm / Child Welfare Organization
- Virginia Court Services / Law Firm
- Select Physical Therapy / Physician
- Prometric / Training Center
Property Details for 2727 Electric Rd SW
- Year built
- 1990
- Lot size
- 1.83 lot acres
- Zone code
- C1C
- Property type
- Office Spaces
- APN
- 076.15-01-04
- APU
- 76150104
Description
This exceptional two-story office building, known as La Premiere, offers 2,559 square feet of versatile commercial space for lease in desirable Cave Spring, Virginia. Located at 2727 Electric Road, this property boasts a highly visible location on Route 419, benefiting from an annual average daily traffic count of approximately 25,000 vehicles. The building features four available suites ranging from 900 to 2,559 square feet, perfect for businesses seeking traditional or executive office space. Each suite offers a blend of private offices and open work areas, enhanced by abundant natural light and elevator access. The property includes ample parking and a newer roof. This is a full-service gross lease, meaning all operating expenses are included in the rent. Furthermore, the landlord is willing to provide tenant improvements based on lease terms, offering flexibility for customization. The entire 2,559 square feet is currently vacant and ready for immediate occupancy. This location provides easy access between Roanoke and Salem, with convenient crossover access from Electric Road directly onto the property.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,193,000
Market price range: $1.11M - $4.42M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Roanoke
- State
- Virginia
- Longitude
- -80.0243
- Latitude
- 37.2346
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$22,173
$595,600
$1,536,400
$2,132,000
-
$595,600
$1,536,400
$2,132,000
