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    Property profile & analytics
    OFF-MARKET Estimated value $870,000
    Commercial real estate

    4097 Electric Rd, Roanoke, VA 24018-8442

    6,579 SF 0.54 ac lot Built 1974
    Entity Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US87-2425686
    Property summary
    AI-generated overview

    This exceptional 2,900 square foot medical office building is ideally situated at 4097 Electric Road in Cave Spring, Virginia, zip code 24018. The property boasts a single-tenant occupancy, offering a streamlined and efficient operational environment. Classified as both retail and office space, this versatile building presents a unique opportunity for medical professionals seeking a prominent location within a thriving commercial area. Its prime location within the busy 419 Corridor ensures high visibility and accessibility for patients and clients. The building's single-tenant configuration minimizes management complexities and offers a stable income stream. Located in Roanoke County, Virginia, this property benefits from the area's robust infrastructure and supportive business environment. The address is easily accessible, providing convenient access for both staff and patients. This property presents a compelling investment opportunity for those seeking a well-located, single-tenant medical office building in a high-traffic area. The building's size and configuration are well-suited for a variety of medical practices. Further details regarding the property's specifics are available upon request. Serious inquiries are encouraged to explore this promising investment opportunity. The property is located at 37.2256683 latitude and -79.9807707 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1974
    Total area 6,579 SF
    Lot 0.54 ac (23,522 SF)
    APN 087.07-01-54.01-0000
    UPID US87-2425686
    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
    • Divine Fog Realty Company - Roanoke VA Office Real Estate Agency
    • RUSTY HUBBARD - REALTOR, DIVINE FOG REALTY Real Estate Agency
    • Jessica P Rossello, Realtor® Real Estate Agency
    • Emily Simpson Realtor® Real Estate Agency
    • Stephanie Varney Realtor Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $948k
    Blend (final) Blend
    $870k
    Owner & transaction history
    HUANG EST INC
    HUANG EST INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.3M +15.4%
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