Property profile

2766 Electric Rd 101 Roanoke, VA 24018

OFF-MARKET
Commercial real estate
Property ID
US87-0794090
3,986 SF 1 ac lot Built 2002
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2002
Total area 3,986 SF
Lot 1 ac (43,560 SF)
Zoning code C1
APN 076.16-07-05.00-0101
UPID US87-0794090

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Physician
  • Crisis Center Medical Clinic
  • Loan Service Bank

Location

2766 Electric Rd, Unit 101 Roanoke, VA 24018-3583
Roanoke metro Census 30702 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
$855k
Blend (final) Blend
$825k

Owner & transaction history

since 2023
Last sale
$650,000
2 recorded transactions
2023
$650,000
2011
$545,000

Zoning & alternative use

C1 · Roanoke, VA
Top alternative use upside
Medical building $790,000 +15.4%

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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