Property profile

429 Elm SW Ave Roanoke, VA 24016

OFF-MARKET
Industrial properties
Property ID
US87-0159136
2,280 SF 0.18 ac lot Built 1915
Individually Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1915
Construction WOOD
Total area 2,280 SF
Lot 0.18 ac (7,736 SF)
Zoning code RM-1
APN 102-0116
UPID US87-0159136

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

429 Elm SW Ave Roanoke, VA 24016-3991
Roanoke metro Census 1200 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2025
2 recorded transactions
2025
$325,000
2004
$70,000

Zoning & alternative use

RM-1 · Roanoke, VA
Zoning description

regulations are the same in each district, meaning the regulations for an RM-1 district in Old Southwest are the same as an RM-1 district in the Hollins Road area. The Zoning Amendments make changes only to the text. The…

General category RESIDENTIAL

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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