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Financial
Distress signals
Property profile

4248 Old Cave Spg Rd Roanoke, VA 24018

OFF-MARKET
Other office properties
Property ID
US87-0812389
1,870 SF 0.45 ac lot Built 1948
Last sale Dec 2022 · $283,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a former doctor’s office in Roanoke, located on Old Cave Spring Rd. It is zoned C2 and features a contractor-friendly layout that could accommodate multiple tenants if configured accordingly. The site includes a large rear parking area. Utilities include connections to public water and public sewer, and an old well remains on site as an alternate water supply.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$239k
Assessed land$144k
Assessed improvement$95k
Effective rate1.04%

Value estimate

· Oct 2026
$365k
$329k – $402k
AI approach$330k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$172/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$106 – $242
Qualifying comparables7

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?
C2
JurisdictionROANOKE

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 Shop12.0
Kitchen & Bath10.8
Wholesale Shop10.7

Location

4248 Old Cave Spg Rd Roanoke, VA 24018-3417
County assessor Recorded deeds · 7 transfers 7 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4519 Brambleton, Roanoke, VA 24018-3408 $900,000 Feb 2026 3,382 SF
3622 Brambleton, Roanoke, VA 24018-3612 $105,000 Jul 2025 1,780 SF
4346 Starkey Rd, Roanoke, VA 24018-0605 $290,000 Sep 2024 1,460 SF
4530 Old Cave Spg, Roanoke, VA 24018-3423 $320,000 Jan 2024 2,456 SF
5681 Starkey, Roanoke, VA 24018-9034 $310,000 Dec 2023 1,658 SF
3235 Electric, Roanoke, VA 24018-0192 $560,000 Jul 2023 3,253 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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