Property profile

3524 Electric Rd 3576 Roanoke, VA 24018

OFF-MARKET
Strip malls
Property ID
US87-0969811
28,000 SF 4.6 ac lot Built 1986
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 28,000 SF
Lot 4.6 ac (200,376 SF)
Zoning code C2C
APN 077.18-05-01
UPID US87-0969811

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
  • Specialty Food Shop Wine and Liquor Store
  • Shopping Center & Mall

Location

3524 Electric Rd, Unit 3576 Roanoke, VA 24018-4453
Roanoke metro Census 30803 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$925k

Owner & transaction history

since 2011
4 recorded transactions
2017
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2C · Roanoke, VA

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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