312 2Nd St SW Roanoke, VA 24011
Property profile & analytics
312 2Nd St SW, Roanoke, VA 24011
- Industrial properties
- 26,755 SF
- 0.13 lot acres
Property ID
US87-0625302
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
- Star City Retail / Department Store
- Onecity Plaza LP / Construction Company / General Contractor
Property Details for 312 2Nd St SW
- Year built
- 1919
- Lot size
- 0.13 lot acres
- Property size
- 26,755 SF
- Zone code
- D
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 101-1601
- APU
- 1011601
Description
One City Plaza, a beautifully renovated mixed-use building in Downtown Roanoke, offers exceptional leasing opportunities. This five-story, 28,000 square foot building sits on 0.13 acres and features four suites, with 10,000 square feet currently vacant. The first floor boasts a turnkey restaurant space (approx. 5,000 sq ft) featuring an open floor plan, stage, bar, booths, and mezzanine. A unique lower-level speakeasy with bar, seating, and prep kitchen is also included. The second floor provides approximately 5,000 sq ft of event space, complete with two kitchens, restrooms, storage, and existing audio-visual components. It has a prior occupancy permit for 160 people and a sprinkler system. The third floor offers approximately 5,000 sq ft of office space, including seven offices, a conference room, restrooms, kitchenette, break room, and IT room. A camera system is in place. The fourth and fifth floors are occupied by consistently leased residential apartments. The building, constructed in 1919, includes an elevator and is zoned D. Minimum divisible space is 5,000 sq ft, with a maximum contiguous space of 10,000 sq ft. The property is located near Kirk Avenue and has an APN of 1011601. Enjoy abundant natural light and stunning mountain and city views. This is a rare opportunity to secure prime commercial space in a vibrant downtown location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,535,000
- ML approach
- $3,350,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,847,000
Market price range: $1.49M - $4.00M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,900,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Roanoke
- County
- Roanoke City
- State
- Virginia
- Longitude
- -79.9439
- Latitude
- 37.2711
- 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
$33,929
$199,600
$2,581,500
$2,781,100
-
$199,600
$2,581,500
$2,781,100
