Technical
Financial
Distress signals
Property profile

3436 Melrose NW Ave Roanoke, VA 24017

OFF-MARKET
Industrial properties
Property ID
US87-3768050
1,144 SF 0.23 ac lot Built 1930
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1930
Construction WOOD
Total area 1,144 SF
Lot 0.23 ac (10,163 SF)
Zoning code CN
APN 266-0420
UPID US87-3768050

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3436 Melrose NW Ave Roanoke, VA 24017-2710
Roanoke metro Census 900 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2022
$170,000

Zoning & alternative use

CN · Roanoke, VA
Zoning description

District MX CN CG CLS D IN ROS UF UC Dwellings P P P P P P P P P The simplified and equitable group living approach was carried over from residential districts into the multiple purpose districts, with small scale permit…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3436 Melrose NW Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message