Property profile

5303 Indian Grave Rd Roanoke, VA 24018

OFF-MARKET
Medical Office Space
Property ID
US87-0801734
5,678 SF 1.13 ac lot Built 1983
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A one-story medical/office building with 5,678 square feet of space, situated on a 1.15-acre site in the Clearbrook section of Southwest Roanoke County. The property is located at the corner of Route 220 and Indian Grave Road and provides access through a signalized intersection, positioned directly across from Clearbrook Wal-Mart. The building is configured for medical and office use and is supported by on-site parking facilities.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1983
Total area 5,678 SF
Lot 1.13 ac (49,223 SF)
Zoning code C2
APN 098.01-01-75
UPID US87-0801734

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
  • Physician
  • Physician
  • Physician
  • Physician
  • Pediatrician Physician

Location

5303 Indian Grave Rd Roanoke, VA 24018-9107
Roanoke metro Census 30900 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$714k
Blend (final) Blend
$325k

Owner & transaction history

since 2026
3 recorded transactions
2026
$1.0M
2020
Price N/A
2020
Price N/A

Zoning & alternative use

C2 · Roanoke, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5303 Indian Grave Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message