Property profile

3348 Salem NW Tpke Roanoke, VA 24017

OFF-MARKET
Industrial properties
Property ID
US87-1078784
27,177 SF 6.67 ac lot Built 1959
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1959
Construction TYPE NOT SPECIFIED
Total area 27,177 SF
Lot 6.67 ac (290,480 SF)
Zoning code I-1
APN 264-0311
UPID US87-1078784

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
  • Freight Service Logistics Company
  • Landscaping General Contractor

Location

3348 Salem NW Tpke Roanoke, VA 24017-6607
Roanoke metro Census 900 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
$3.62M
Blend (final) Blend
$3.52M

Owner & transaction history

since 2017
Last sale
$3.2M
2 recorded transactions
2017
$650,000
1969
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
Top alternative use upside
Medical building $5.4M +104.2%

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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