Property profile

515 8th SW St Roanoke, VA 24016

OFF-MARKET
Industrial properties
Property ID
US87-0827065
13,676 SF 1.73 ac lot Built 1950
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1950
Construction TYPE NOT SPECIFIED
Total area 13,676 SF
Lot 1.73 ac (75,193 SF)
Zoning code D
APN 111-3111
UPID US87-0827065

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
  • Production Facility Brewery & Distillery
  • Hotel & Motel
  • Vacation Rental Campground & RV Park
  • Physician

Location

515 8th SW St Roanoke, VA 24016-3526
Roanoke metro Census 1000 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.03M
CAP Approach CAP
$2.62M
Comparable Approach Comparable
$2.28M
Blend (final) Blend
$2.99M

Owner & transaction history

since 2020
Last sale
$2.3M
3 recorded transactions
2020
$2.3M
2013
Price N/A
1969
Price N/A

Zoning & alternative use

D · Roanoke, VA
Zoning description

planting size as listed in £ection 36.2 642. 201 7 Zoning Amendments 5.23.18. 40 (dsD_ Standards in the CN and D Districts. Any gasoline station located in the Commercial-Neighborhood District (CN) or Downtown District (…

General category COMMERCIAL
Top alternative use upside
Medical building $2.7M +87.3%

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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