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Property profile & analytics
OFF-MARKET
Estimated value
$1,780,000
Medical Office Space
4437 Starkey Rd, Roanoke, VA 24018-0619
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-3004701
Property summary
AI-generated overview
This exceptional Class A medical office building, situated on a 0.88-acre lot in desirable Southwest Roanoke County, offers 7,729 square feet of space. Built in 1993 and renovated in 2009, the property features two units within a single building, currently housing a strong tenant, Carilion/Jefferson Surgical. One unit, approximately 3,386 square feet, is available for lease. The building boasts a well-designed layout including open reception/waiting areas, private offices, ADA-compliant restrooms, and prominent monument signage. Ample parking is provided with 50 spaces. The property is zoned C2 and benefits from an excellent location near Tanglewood Mall, with convenient access to major roadways including Route 419 and the intersection of VA 220/I-581. The asking price is $1,975,000, translating to $255.53 per square foot. This presents a compelling owner-user or investment opportunity in a high-demand area. The property's features, location, and strong tenant make it an attractive prospect for discerning buyers. The parcel number is 077.19-01-20.04-0000.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Total area
8,156 SF
Lot
0.88 ac (38,333 SF)
APN
077.19-01-20.04-0000
UPID
US87-3004701
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
-
The Interventional Center Medical Clinic Hospital
-
Brozyna Witold MD Physician Medical Clinic
-
VAN L. LEWIS, M.D. Physician Medical Clinic
-
Roanoke Oral Surgery Dental Office
-
Christin L. Elledge, NP Physician Hospital
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.78M
Owner & transaction history
4437 Starkey LLC · 1 yrs held
4437 Starkey LLC
since 2025
Last sale
$1.7M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,990,000
ML approach
$1,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,615,000
Current use
COMMERCIAL (GENERAL)
$1,400,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.78M
Range $1.60M – $1.96M · ±10% · vs last sale $1.68M (Mar 27 2025)
Last sale anchor
$1.68M
Mar 27 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$218 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,407
Tax year 2024
Assessed value
$1,289,100
Assessed 2024
Previous assessed
$1,271,300
+1.4% YoY
Effective rate
1.04%
On assessed value
Assessed land
$417,800
Assessed improvement
$871,300
Land market value
$417,800
Improvement market value
$871,300
Total market value
$1,289,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1993
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
8,156 SF
Lot
0.88 ac (38,333 SF)
APN
077.19-01-20.04-0000
UPID
US87-3004701
Jurisdiction
ROANOKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
4437 Starkey LLC
Entity
Mailing address
PO BOX 12782, ROANOKE, VA 24028-2782
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
$1,675,000
4437 Starkey LLC
Brandon Office Partners LLC
Deed
$1,831,500 · First Citizens Bank & Trust Co
May 27, 2022
$1,550,000
Brandon Office Partners LLC
Meador Real Estate LLC
Deed
$1,485,000 · American National Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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