Financial
Distress signals
Property profile

3488 Aerial Way SW Dr Roanoke, VA 24018

OFF-MARKET
Industrial properties
Property ID
US87-1338248
44,451 SF 7.21 ac lot Built 1968
Last sale Apr 2026 · $3,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$35k
Tax billed · 2024
Assessed value$2.17M
Assessed land$646k
Assessed improvement$1.52M
Effective rate1.61%
Value estimate · Sep 2026
$3.17M
$2.85M – $3.48M
AI approach$3.42M
Sales comparison$2.23M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$172/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$106 – $242
Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

I-1
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...
General categoryINDUSTRIAL
JurisdictionROANOKE CITY
Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm8.2
Gym & Fitness8.4
Auto Parts Store9.3

Location

3488 Aerial Way SW Dr Roanoke, VA 24018-1504
County assessor Recorded deeds · 8 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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