Technical
Financial
Distress signals
Property profile

3845 Thirlane NW Rd Roanoke, VA 24019

OFF-MARKET
Industrial properties
Property ID
US87-1069016
44,155 SF 3.49 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 44,155-square-foot industrial property, located at 3845 Thirlane Rd NW in Roanoke, Virginia (zip code 24019), presents a significant opportunity for businesses seeking flexible space. The single-tenant building, constructed in 1998, is classified as Class B and sits on a generous 3.49-acre lot. The property's versatile design caters to a variety of uses, encompassing flex, warehouse, and R&D operations, as reflected in its zoning designation (AD: Airport District) and APN 6520110. The entire 44,155 square feet is currently vacant, offering immediate occupancy for a prospective tenant. The building features convenient access with three loading docks and three dock-high doors, ensuring efficient loading and unloading operations. The single-story structure provides ease of movement and accessibility. This prime Roanoke location offers excellent access to transportation networks, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The property's size and features make it suitable for a wide range of industrial and commercial enterprises. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 44,155 SF
Lot 3.49 ac (152,120 SF)
Zoning code AD
APN 652-0110
UPID US87-1069016

Cap rate & NOI

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

Location

3845 Thirlane NW Rd Roanoke, VA 24019-3016
Roanoke metro Census 300 ROANOKE, VA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$2.75M

Owner & transaction history

since 2025
Last sale
$3.3M
2 recorded transactions
2025
$3.3M
2023
Price N/A

Zoning & alternative use

AD · Roanoke, VA
Zoning description

I‐1 I‐2 AD Dwellings S Group Living S Roanoke has residential uses in industrial districts as a vestige of previous zoning remaps. Permitting residential uses by special exception allows them to continue, expand, and be…

General category SPECIAL

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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