Property profile

4437 Starkey Rd Roanoke, VA 24018

OFF-MARKET
Medical Office Space
Property ID
US87-3004701
8,156 SF 0.88 ac lot Built 1993
Entity Owned 1-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Medical Clinic Hospital
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Dental Office
  • Physician Hospital

Location

4437 Starkey Rd Roanoke, VA 24018-0619
Roanoke metro Census 30803 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.99M

Owner & transaction history

since 2025
Last sale
$1.7M
2 recorded transactions
2025
$1.7M
2022
$1.6M

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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