Property profile

707 Salem SW Ave Roanoke, VA 24016

OFF-MARKET
Industrial properties
Property ID
US87-1106628
2,100 SF 0.16 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2002
Construction TYPE NOT SPECIFIED
Total area 2,100 SF
Lot 0.16 ac (7,122 SF)
Zoning code I-1
APN 111-1117
UPID US87-1106628

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
  • Gym & Fitness Center

Location

707 Salem SW Ave Roanoke, VA 24016-3027
Roanoke metro Census 1000 ROANOKE, VA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Zoning & alternative use

I-1 · Roanoke, VA
Zoning description

aced along the street frontage of the lot or portion of the lot housing the gasoline station. The trees and shrubs shall meet the minimum planting size as listed in Section 36.2-642 . {eQ)__ Standards in the CG CLS, emd…

General category INDUSTRIAL

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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