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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Grocery and convenience stores
6767 Cloverdale Rd Roanoke, VA 24019-8287
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-1593700
Property summary
AI-generated overview
This exceptional 10.65-acre commercial development site presents a compelling investment opportunity in Botetourt County, Virginia. Located at 6767 Cloverdale Road, Roanoke, VA 24019, this flat parcel boasts high visibility due to its frontage along Highway 220. The property's strategic location offers convenient access to major transportation arteries, including Highway 460 and Interstate 81, providing seamless connectivity to the City of Roanoke, Botetourt County, and Roanoke County. Zoned for multifamily development (buyer to verify), this site is ideal for a variety of projects, capitalizing on the strong demand for housing in the area. The asking price for this prime development land is $275,000. Its size and location make it an attractive proposition for developers seeking a high-traffic area with excellent accessibility. The flat terrain simplifies development, reducing potential site preparation costs. This property represents a rare chance to acquire a significant parcel of land in a thriving region, poised for substantial growth and return on investment. Further due diligence is recommended to confirm zoning and development regulations.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2002
Total area
4,120 SF
Lot
1.37 ac (59,677 SF)
Zoning code
B-2
APN
107-228B
UPID
US87-1593700
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
-
Stop In Food Stores Grocery & Convenience Store
-
CoinFlip Bitcoin ATM Bank Loan Service
-
Shell Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$580k
Owner & transaction history
Capl Retail LLC
Capl Retail LLC
since 2025
1 recorded transaction
Zoning & alternative use
B-2 · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning | Roanoke, VA
Top alternative use upside
Medical building
$460,000
+252.6%
Commercial (general)
$390,000
+202.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Roanoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roanoke submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$460,000
Change: +253% · Conversion: Difficult
COMMERCIAL (GENERAL)
$390,000
Change: +202% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$141 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$1,115,200
Assessed 2023
Previous assessed
$1,115,200
+0.0% YoY
Assessed land
$417,700
Assessed improvement
$697,500
Land market value
$417,700
Improvement market value
$697,500
Total market value
$1,115,200
Applied tax rate
5,100,420.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2002
Heating
NONE
Stories
1
Total area
4,120 SF
Lot
1.37 ac (59,677 SF)
Zoning code
B-2
APN
107-228B
UPID
US87-1593700
Jurisdiction
BOTETOURT
Zoning & alternative use
B-2 · Roanoke, VAZoning B-2 · permitted uses
B-2 · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning | Roanoke, VA
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$460,000
COMMERCIAL (GENERAL)
Est. value
$390,000
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Capl Retail LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5100 BERNARD DR, ROANOKE, VA 24018-4349
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
$2,000,000
Capl Retail LLC
Cloverdale Properties Lc
Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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