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Property profile & analytics
OFF-MARKET Estimated value $1,195,000
Strip malls

4812 Hollins Rd 4830 Roanoke, VA 24019-5319

48,376 SF 3.98 ac lot Built 1986
Individually Owned 25-yr Hold Absentee Owner Free & Clear
Property ID
US87-2469168
Property summary
AI-generated overview

Hollins Plantation offers a 45,920 square foot single-story retail center located in Roanoke County. Built in 1986, this property currently features five suites with one immediately available for lease. The vacant space totals 1,400 square feet, presenting a fantastic opportunity for a variety of retail businesses. The property is characterized by its multiple tenancy structure, providing a vibrant and diverse shopping environment. The building lacks elevators, but its single-story design ensures easy accessibility for both customers and staff. The property's location within Roanoke County offers excellent visibility and convenient access to major roadways and residential areas, making it an ideal location for attracting a substantial customer base. The existing tenants contribute to a thriving commercial atmosphere, creating a synergistic environment for new businesses. This 1,400 square foot space is ready for immediate occupancy and presents a unique chance to establish or expand a retail presence in a well-established and successful retail center. Interested parties are encouraged to inquire about lease terms and conditions. The property's size and location make it an attractive investment opportunity for businesses seeking a strong foothold in the Roanoke County market. This is a rare opportunity to secure retail space in a well-maintained and established center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 48,376 SF
Lot 3.98 ac (173,369 SF)
APN 038.16-01-03.03-0000
UPID US87-2469168
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
  • Food Lion Grocery & Convenience Store Food Market
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.20M
Owner & transaction history
Alfred R Colucci · 25 yrs held
Alfred R Colucci
since 2000
1 recorded transaction
2000
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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