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Financial
Distress signals
Property profile

4040 Franklin SW Rd Roanoke, VA 24014

OFF-MARKET
Other industrial properties
Property ID
US87-1018755
3,608 SF 0.51 ac lot Built 1985
Last sale Apr 2023 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This remodeled office and retail storefront is located at 4040 Franklin Rd (Route 220) in Roanoke, Virginia. The property comprises 2 parcels totaling 1 acre and offers 3,608 square feet of building area. The interior and storefront were fully remodeled within the past three years. The site has frontage along Franklin Road/Route 220, and VDOT reports an estimated daily traffic count of 32,000. A portion of the listing references an appliance business that was available separately under separate terms.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$513k
Assessed land$294k
Assessed improvement$219k
Effective rate1.34%

Value estimate

· Oct 2026
$890k
$801k – $979k
AI approach$910k
CAP approach$690k
Submarket $/SF estimate$750k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$208/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$128 – $305
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CG
District is to permit motor vehicle dependent uses that are generally developed as single use developments on individual lots, subject to...
General categoryCOMMERCIAL
JurisdictionROANOKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop18.5
Auto Parts Store17.9
Wholesale Shop17.5

Location

4040 Franklin SW Rd Roanoke, VA 24014-3002
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2502 Franklin SW, Roanoke, VA 24014-1028 $900,000 Jul 2025 3,568 SF
3110 Franklin SW, Roanoke, VA 24014 $495,000 Sep 2024 3,109 SF
118 Mcclanahan SW, Roanoke, VA 24014 $1,100,736 Sep 2024 3,371 SF
2217 Crystal Spg SW, Roanoke, VA 24014-2433 $625,000 Jan 2024 4,790 SF
4054 Franklin SW, Roanoke, VA 24014-3045 $337,100 Jan 2024 4,750 SF
2626 Franklin SW, Roanoke, VA 24014-1010 $2,298,586 Jun 2022 3,898 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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