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    Property profile & analytics
    FOR LEASE
    Strip malls

    5207 Bernard Dr, Roanoke, VA 24018

    10,464 SF 0.93 ac lot Built 1986
    Entity Owned 28-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US87-0664825
    Property summary
    AI-generated overview

    This exceptional retail property, located at 5207 Bernard Dr in Cave Spring, Virginia (zip code 24018), presents a unique investment opportunity. The single-story, 10,464 square foot building sits on a 0.93-acre lot and was constructed in 1986. Currently configured as a single-tenant space, the property offers significant flexibility for a variety of retail uses. The building's zoning is C2, allowing for a range of commercial activities. The property's location in the highly desirable Cave Spring area of Roanoke provides excellent visibility and accessibility, with convenient access to major thoroughfares. The building features attractive display windows, creating an inviting storefront for customers. The property's parcel number (APN) is 087.07-03-04.00-0000. This is an ideal opportunity for a business seeking a prominent location in a thriving community. The property's size and layout offer ample space for a variety of retail concepts, making it a versatile option for entrepreneurs and established businesses alike. This is a chance to secure a well-positioned retail space in a sought-after area of Roanoke, Virginia. The property's single-tenant configuration offers a streamlined approach to occupancy and management.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1986
    Total area 10,464 SF
    Lot 0.93 ac (40,511 SF)
    Zoning code C2
    APN 087.07-03-04
    UPID US87-0664825
    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
    • Szechuan Restaurant Restaurant
    • Cobbler's Wife Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Shoe Doctor (Bike/Boat/Book/etc) Store
    • Sew Perfect (Bike/Boat/Book/etc) Store
    • Tim Music Martin High School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Addon LLC · 28 yrs held
    Addon LLC
    since 1998
    2 recorded transactions
    1998
    $1.1M
    1969
    Zoning & alternative use
    C2 · Roanoke, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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