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    Property profile & analytics

    401 Friends Way, Unit 405 Roanoke, VA 24012-1932

    • Garden apartment buildings
    • 65,634 SF
    • 3.42 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 12, 2022
    Location Intelligence
    Property ID
    US87-0905377
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 401 Friends Way

    Year built
    1975
    Lot size
    3.42 lot acres
    Property size
    65,634 SF
    Zone code
    C2S
    Property type
    Garden apartment buildings
    APN
    038.15-01-05
    APU
    38150105

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9434
    Latitude
    37.3232
    CBSA code
    40220
    CBSA name
    ROANOKE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $37,981
    $401,500
    $3,250,500
    $3,652,000
    -
    $401,500
    $3,250,500
    $3,652,000

    Comparable in this City

    • Value Estimation
      $455,000
      6,580 SF

      5520 Florist Rd

      GARDEN APT, COURT APT (5+ UNITS) • 6,580 SF
      5520 Florist Rd, Roanoke, VA 24012-1234
      View Details
    • Value Estimation
      $465,000
      11,832 SF

      6154 Darby Rd

      GARDEN APT, COURT APT (5+ UNITS) • 11,832 SF
      6154 Darby Rd, Roanoke, VA 24012-1000
      View Details
    • Value Estimation by Request
      35,796 SF

      420 Bluebell Ln

      GARDEN APT, COURT APT (5+ UNITS) • 35,796 SF
      420 Bluebell Ln, Roanoke, VA 24012-1991
      View Details
    • Value Estimation
      $1,300,000
      12,150 SF

      6139 Darby Rd

      GARDEN APT, COURT APT (5+ UNITS) • 12,150 SF
      6139 Darby Rd, Roanoke, VA 24012-1038
      View Details
    • Value Estimation
      $530,000
      12,786 SF

      5540 Florist Rd

      GARDEN APT, COURT APT (5+ UNITS) • 12,786 SF
      5540 Florist Rd, Roanoke, VA 24012-1234
      View Details
    • Value Estimation by Request
      51,864 SF

      107 Springbeauty St

      GARDEN APT, COURT APT (5+ UNITS) • 51,864 SF
      107 Springbeauty St, Roanoke, VA 24012-1986
      View Details

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    401 Friends Way, Unit 405
    Roanoke, VA 24012-1932
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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