Property profile

4333 Electric Rd Roanoke, VA 24018

OFF-MARKET
Garden apartment buildings
Property ID
US87-2964368
12,051 SF 6.17 ac lot Built 1968
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1968
Total area 12,051 SF
Lot 6.17 ac (268,765 SF)
APN 077.20-01-01.01-0000
UPID US87-2964368

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
  • Apartment Building
  • (Bike/Boat/Book/etc) Store

Location

4333 Electric Rd Roanoke, VA 24018-8439
Roanoke metro Census 30900 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$910k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.5M +53.1%
Restaurant $1.3M +35.8%

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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