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    5304 Indian Grave Rd Roanoke, VA 24018
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    Property profile & analytics

    5304 Indian Grave Rd Roanoke, VA 24018


    • Medical Office Space
    • 8,118 SF
    • 0.71 lot acres
    First Floor Office Suite For Lease
    $14 SF/Yr
    3,000 SF

    First Floor Office Suite

    Office suite for rent with high visibility and ample parking.

    5304 Indian Grave Rd, Roanoke, VA
    View Listing
    Property ID
    US87-2816536
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stephen Couture, MD / Physician / Medical Clinic
    • LewisGale Physicians Internal Medicine and Dermatology - 5304 Indian Grave Rd / Physician
    • Jefferson Surgical Clinic Nsg / Physician
    • Edgar Weaver / Physician

    Property Details for 5304 Indian Grave Rd

    Year built
    1990
    Lot size
    0.71 lot acres
    Property size
    8,118 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    098.02-02-01.01-0000
    APU
    98020201010000

    Description

    This exceptional two-story Class B office building, situated at 5304 Indian Grave Rd SW in Roanoke, VA 24018, offers 8,118 square feet of space, with 5,350 square feet currently vacant. Built in 1990, the property sits on a 31,067 square foot lot and is zoned C2. The building features a convenient elevator, ample parking (6 spaces per 1,000 sq ft), and a backup power generator, ensuring business continuity. Two available suites range from 2,350 to 3,000 square feet, ideal for medical or executive office uses. The first-floor suite is currently configured for medical use but is easily adaptable. This high-visibility location boasts daily traffic counts nearing 32,000 vehicles and enjoys proximity to major hospitals, affluent neighborhoods, Walmart, and an elementary school. The property's strategic location within Roanoke's best demographic area promises strong growth potential. This is a rare opportunity to secure a well-equipped, conveniently located office space in a thriving community. The APN is 098.02-02-01.01-0000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $844,000
      Market price range: $490k - $1.77M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9498
    Latitude
    37.2026
    CBSA code
    40220
    CBSA name
    ROANOKE, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,693
    $185,600
    $746,400
    $932,000
    -
    $185,600
    $746,400
    $932,000
    View Listing
    More about this property
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