2740 Ogden Rd, Roanoke, VA 24018-0608
This exceptional 2,500 square foot office space, located within the Frantz Diamond Building at 2740 Ogden Rd SW in Cave Spring, VA 24018, presents a unique opportunity. Situated in the desirable Tanglewood Mall area, this property benefits from high visibility and convenient access to Interstate 581, serving the entire Roanoke Valley. The building, constructed in 1977 and extensively renovated in 2024, offers a single-story layout with a flexible, mostly open floor plan easily adaptable to various business needs. The space is part of a 5,400 square foot building with multiple suites, zoned C2 for Retail or Office use. This prime location boasts proximity to over 800,000 square feet of retail, restaurant, and medical space within Tanglewood Mall, experiencing a daily traffic count exceeding 44,000 vehicles. The surrounding area is known for its affluent residential population. A special move-in incentive is available: the first six months of base rent is only $7.50 per square foot, with CAM charges of $5.00 per square foot inclusive of all utilities. The property's APN is 77.19-01-07.00. This versatile space is ideal for medical, traditional, or creative office uses.
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Frantz Diamonds (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Roanoke, VARoanoke. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.