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Property profile & analytics
OFF-MARKET Estimated value $985,000
Industrial properties

3607 Williamson NW Rd Roanoke, VA 24012-3327

13,431 SF 0.64 ac lot Built 1960
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US87-1260999
Property summary
AI-generated overview

This exceptional retail property, located at 3607 Williamson Road in Roanoke, Virginia, presents a compelling investment opportunity. The 8,772 square foot building sits on a prime corner lot at the intersection of Williamson Road and Oakland Boulevard, benefiting from high visibility and excellent traffic flow. A significant strength of this offering is the strong, net-net lease in place with a major retailer. This lease provides security and predictable income streams. The current lease term includes a new 5-year lease and two additional 5-year renewal options, ensuring long-term stability for the investor. The landlord's responsibilities are limited to roof and HVAC repairs exceeding $2,500, significantly reducing operational burdens. The tenant is responsible for all property taxes and insurance, further minimizing expenses for the owner. The property currently offers a compelling 7% capitalization rate on net income, making it an attractive addition to any diversified portfolio. This is a rare opportunity to acquire a well-located, stable, and high-yielding retail investment in a thriving Roanoke market. The property's strategic location and the strength of the existing lease make this an exceptional investment prospect. Don't miss this chance to secure a reliable income stream with significant long-term potential.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1960
Construction TYPE NOT SPECIFIED
Total area 13,431 SF
Lot 0.64 ac (27,996 SF)
Zoning code CN/RM1
APN 209-0102
UPID US87-1260999
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aaron's Rent To Own Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$985k
Owner & transaction history
P & P Partners Gp
P & P Partners Gp
since 2026
Last sale
$1.3M
2 recorded transactions
2026
$1.3M
2019
$1.3M
Zoning & alternative use
CN/RM1 · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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