Property profile

2774 Nicholas NE Ave Roanoke, VA 24012

OFF-MARKET
Other industrial properties
Property ID
US87-0627229
3,488 SF 1 ac lot Built 1984
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is an industrial facility with a 1.0-acre fenced yard and is zoned I-1. It includes a warehouse configured with five drive-in doors: four 16-foot doors and one 10-foot by 12-foot door. The shop area has a clear height of 24 feet, and the site provides ample parking.

Property profile

Verified
Property type Other industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1984
Construction TYPE NOT SPECIFIED
Total area 3,488 SF
Lot 1 ac (43,630 SF)
Zoning code I-1
APN 718-0306
UPID US87-0627229

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
  • General Contractor

Location

2774 Nicholas NE Ave Roanoke, VA 24012-5628
Roanoke metro Census 601 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2025
Last sale
$1.3M
2 recorded transactions
2025
$1.3M
2014
Price N/A

Zoning & alternative use

I-1 · Roanoke, VA
Zoning description

aced along the street frontage of the lot or portion of the lot housing the gasoline station. The trees and shrubs shall meet the minimum planting size as listed in Section 36.2-642 . {eQ)__ Standards in the CG CLS, emd…

General category INDUSTRIAL

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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