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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3025 Pioneer NW Rd Roanoke, VA 24012-3437

    • Specialty properties
    • 6,353 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US87-0663782
    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.

    Current Use by Public Records

    • Williamson Road Masonic Lodge / Association / Organization

    Property Details for 3025 Pioneer NW Rd

    Year built
    1949
    Construction
    WOOD
    Lot size
    0.44 lot acres
    Property size
    6,353 SF
    Zone code
    IN
    Property type
    Specialty properties
    APN
    209-0118
    APU
    2090118

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke City
    State
    Virginia
    Longitude
    -79.9434
    Latitude
    37.3048
    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
    $146
    $60,900
    $303,400
    $364,300
    -
    $60,900
    $303,400
    $364,300

    Comparable in this City

    • Value Estimation by Request
      11,756 SF

      2602 Williamson NW Rd

      CHARITABLE ORGANIZATION • 11,756 SF
      2602 Williamson NW Rd, Roanoke, VA 24012-4302
      View Details
    • Value Estimation by Request
      4,911 SF

      5034 Williamson NW Rd

      CHARITABLE ORGANIZATION • 4,911 SF
      5034 Williamson NW Rd, Roanoke, VA 24012-1736
      View Details
    • Value Estimation by Request
      3,911 SF

      3003 Hollins NE Rd

      CHARITABLE ORGANIZATION • 3,911 SF
      3003 Hollins NE Rd, Roanoke, VA 24012-7505
      View Details
    • Value Estimation
      $915,000
      16,426 SF

      1568 Granby NE St

      CHARITABLE ORGANIZATION • 16,426 SF
      1568 Granby NE St, Roanoke, VA 24012-6016
      View Details
    • Value Estimation
      $805,000
      20,846 SF

      397 Hershberger Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 20,846 SF
      397 Hershberger Rd, Roanoke, VA 24012-1983
      View Details
    • Value Estimation by Request
      7,912 SF

      4509 Bonsack Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 7,912 SF
      4509 Bonsack Rd, Roanoke, VA 24012-7011
      View Details

    Similar Nearby for Sale

    • $277,000

      Roanoke Church & Religious Facility

      Church and religious facility for sale in Roanoke, Virginia.
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    • $1,375,000
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      Retail Building on Williamson Road

      NNN leased retail building with strong tenant in Roanoke, VA.
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    • $750,000
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      Prime Roanoke County Commercial Land

      13.31 Acres, High Visibility, $750,000
      4774 Pioneer Dr, Roanoke, VA 24012
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    • $335,000
      3.93 Acres

      Roanoke Commercial Land - $335K

      3.93 acres, prime development opportunity.
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      2.47 Acres, High Traffic, $1.95M
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    Similar Nearby for Lease

    • $9 SF/Yr
      9,259 SF

      Automotive Property on Williamson Road

      Automotive property built in 1965, continuously operated since.
      2002 Williamson Rd NE, Roanoke, VA 24012
      View Details
    • $9 SF/Yr
      4,140 SF

      Roanoke Warehouse Space Available

      Warehouse space for rent in Roanoke, approximately 4,140 square feet.
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      View Details
    • $3 SF/Yr
      50,000 SF

      Roanoke Warehouse Space Available

      50,000 SF warehouse with dock and ramp for lease.
      1713 Plantation Rd NE, Roanoke, VA 24012
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    • $16 SF/Yr
      8,724 SF

      Conveniently Located Flex/Office Space

      Flex/Office space with laydown yard and easy transportation access.
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    • Contact for pricing
      7,981 SF

      Restaurant Space Near Valley View

      7,981 SF restaurant space with high visibility and parking.
      4740 Valley View Blvd NW, Roanoke, VA 24012
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    • $7 SF/Yr
      10,800 SF

      Warehouse/Flex/Showroom Space Available

      10,800 SF warehouse/flex/showroom space for lease.
      621 Fugate Rd, Roanoke, VA 24012
      View Details
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    3025 Pioneer NW Rd
    Roanoke, VA 24012-3437
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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