3214 Electric Rd, Roanoke, VA 24018-6451
Springwood Park, located at 3214 Electric Rd in Cave Spring, VA 24018, offers a diverse range of commercial spaces ideal for businesses of all sizes. This 19,200 square foot property, built in 1985 and situated on a 1.16-acre lot, is zoned C2C - General Commercial. The property features a variety of options, from executive office suites with a minimum divisible space of 168 square feet, to larger contiguous spaces up to 1,200 square feet, perfect for street-level retail. Currently, 3,368 square feet of space is available. The building enjoys a prime location at the intersection of Electric Road and Brambleton Avenue, providing excellent visibility and accessibility. Its long-standing presence in the Southwest Roanoke County submarket makes it a well-established and recognizable address. The property's APN is 540-982-2444, and Roanoke County is the governing jurisdiction. This versatile property is well-suited for a variety of commercial uses, offering a unique opportunity to establish or expand your business in a thriving location. The property's multiple tenancy allows for flexibility in lease terms and space configurations.
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Nourished IV Drip Bar and Wellness Clinic Medical Clinic
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Perfect Nails Nail Salon
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Hair Trends Hair Salon
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Charles H. Holland, PHD Physician Medical Clinic
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Springwood Park Business Service Center Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.