Property profile

725 Drew Ave NE Roanoke, VA 24012

FOR LEASE
Industrial properties
Property ID
US87-0768406
16,500 SF 1.93 ac lot Built 1991
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1991
Construction WOOD
Total area 16,500 SF
Lot 1.93 ac (84,019 SF)
Zoning code I-1
APN 328-0101
UPID US87-0768406

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

725 Drew Ave NE Roanoke, VA 24012
Roanoke metro Census 400 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
$783k
Blend (final) Blend
$375k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

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
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?”
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