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Property profile & analytics
OFF-MARKET
Estimated value
$10,200,000
Industrial properties
4951 Grandin SW Rd Roanoke, VA 24018
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1099881
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1974
Construction
TYPE NOT SPECIFIED
Total area
67,253 SF
Lot
5.69 ac (247,817 SF)
Zoning code
CLS
APN
509-0201
UPID
US87-1099881
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.85M
Comparable Approach
Comparable
$10.29M
Blend (final)
Blend
$10.20M
Owner & transaction history
Bridgestone Retail Operations · 11 yrs held
Bridgestone Retail Operations
since 2014
5 recorded transactions
Zoning & alternative use
CLS · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.3M
+15.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,920,000
6.5%
$12,850,000
7%
$11,935,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,540,000
Current use
MEDICAL BUILDING
$13,315,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$10.20M
Range $9.18M – $11.22M · ±10%
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
$152 / 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
$95,997
Tax year 2024
Assessed value
$7,255,100
Assessed 2024
Previous assessed
$7,114,500
+2.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$2,428,700
Assessed improvement
$4,826,400
Land market value
$2,428,700
Improvement market value
$4,826,400
Total market value
$7,255,100
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
NONE
Stories
1
Total area
67,253 SF
Lot
5.69 ac (247,817 SF)
Zoning code
CLS
APN
509-0201
UPID
US87-1099881
Jurisdiction
ROANOKE CITY
Zoning & alternative use
CLS · Roanoke, VA
Zoning CLS · permitted uses
CLS · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roanoke. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$11.5M
MEDICAL BUILDING
Est. value
$13.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
5.69 ac
Current owner
From public records · entity-resolved
Bridgestone Retail Operations
Individual
Free & Clear · 11 yrs held
Mailing address
6240 SOM CTR RD STE #210, SOLON, OH 44139-2960
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
—
S I Roanoke Investment Partners I L
—
Deed
related
$5,000,000 · Langley FCU
Nov 13, 2014
$180,000
Bridgestone Retail Operations
Southwest Improvements LLC
Grant Deed
—
Feb 2, 2011
—
Southwest Improvements LLC
—
Loan Modification
related
$100,500,000 · Manufacturers Traders & Trust
Dec 12, 2007
$10,100,000
Southwest Improvements LLC
Edens & Avant Financing II
Grant Deed
related
—
—
—
Southwest Improvements LLC
—
Deed Of Trust
related
$8,250,000 · M&t Bk
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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