Property profile

509 Roanoke Rd Daleville, VA 24083

FOR SALE
Commercial real estate
Property ID
US87-1762427
0.56 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding retail building, located at 509 Roanoke Road in Daleville, Virginia, presents a compelling investment opportunity. The property boasts 1,634 square feet of space, situated on a generous 0.789-acre lot encompassing two parcels (tax ID #'s 101-46 & 101-46A). Its strategic location directly off I-81 at exit 150 ensures high visibility and convenient access for customers. The building is priced at $700,000, translating to $428.40 per square foot. The B1 zoning classification allows for a wide range of retail and office uses, providing flexibility for potential buyers. This property offers significant potential for growth and return on investment due to its prime location and versatile zoning. The ample lot size provides ample parking and potential for future expansion. The property's size and location make it ideal for a variety of businesses seeking a high-traffic location in a growing community. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is situated in Botetourt County, Virginia, zip code 24083.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.56 ac (24,394 SF)
Zoning code B-1
APN 101-46
UPID US87-1762427

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
  • (Bike/Boat/Book/etc) Store

Location

509 Roanoke Rd Daleville, VA 24083
Daleville metro Census 40303 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2018
1 recorded transaction
2018
$260,000

Zoning & alternative use

B-1 · Daleville, VA

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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