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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Drive through restaurants
3814 Challenger Ave Roanoke, VA 24012-6730
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1330443
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Total area
4,412 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C1
APN
050.05-01-19
UPID
US87-1330443
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
-
Chick-fil-A Restaurant Take-out & Catering
-
Bonsack Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$684k
Blend (final)
Blend
$505k
Owner & transaction history
Chick-fil-a INC · 11 yrs held
Chick-fil-a INC
since 2015
4 recorded transactions
Zoning & alternative use
C1 · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning | Roanoke, VA
Top alternative use upside
Auto repair, garage
$720,000
+39.4%
Medical building
$555,000
+7.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$515,000
Current use
AUTO REPAIR, GARAGE
$720,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$555,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$435,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$114 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,391
Tax year 2024
Assessed value
$1,479,900
Assessed 2024
Previous assessed
$1,468,800
+0.8% YoY
Effective rate
1.04%
On assessed value
Assessed land
$363,700
Assessed improvement
$1,116,200
Land market value
$363,700
Improvement market value
$1,116,200
Total market value
$1,479,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2015
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,412 SF
Lot
1.38 ac (60,113 SF)
Zoning code
C1
APN
050.05-01-19
UPID
US87-1330443
Jurisdiction
ROANOKE
Zoning & alternative use
C1 · Roanoke, VAZoning C1 · permitted uses
C1 · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning | Roanoke, VA
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$515,000
AUTO REPAIR, GARAGE
Est. value
$720,000
MEDICAL BUILDING
Est. value
$555,000
COMMERCIAL (GENERAL)
Est. value
$435,000
RESTAURANT Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Chick-fil-a INC
Entity
Free & Clear · 11 yrs held
Mailing address
5200 BUFFINGTON RD, ATLANTA, GA 30349-2945
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2015
—
Chick-fil-a INC
Ray & Sallie Edwards R/e LLC
Quit Claim Deed
related
—
Jan 9, 2015
$525,000
Chick-fil-a INC
Ray & Sallie Edwards R/e LLC
Grant Deed
—
Feb 1, 2000
$225,000
Ray
Hall,cicero H JR & Doris B
Grant Deed
—
Nov 1, 1998
$300,000
Rwe Properties LLC
Hall,cicero H JR & Doris B
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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