Property profile

3206 Electric Rd Roanoke, VA 24018

OFF-MARKET
Commercial real estate
Property ID
US87-1156087
11,036 SF 1.44 ac lot Built 1998
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Total area 11,036 SF
Lot 1.44 ac (62,726 SF)
Zoning code C2C
APN 077.13-05-40
UPID US87-1156087

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
  • Discount Store

Location

3206 Electric Rd Roanoke, VA 24018-6426
Roanoke metro Census 30804 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.79M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.68M
Blend (final) Blend
$2.82M

Owner & transaction history

since 2020
Last sale
$2.2M
2 recorded transactions
2020
$2.2M
1998
$2.5M

Zoning & alternative use

C2C · Roanoke, VA
Top alternative use upside
Medical building $2.2M +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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