Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    7860 Plantation Rd Roanoke, VA 24019-1610

    • Hotels
    • 28,667 SF
    • 2.37 lot acres
    OFF-MARKET
    Value Estimation
    $880,000
    Location Intelligence
    Property ID
    US87-0810289
    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.

    Current Use by Public Records

    • Country Inn & Suites by Radisson, Roanoke, VA / Hotel
    • Tesla Destination Charger / Electric Vehicle Charging Station

    Property Details for 7860 Plantation Rd

    Year built
    1996
    Lot size
    2.37 lot acres
    Property size
    28,667 SF
    Zone code
    C2C
    Property type
    Hotels
    Property subtype
    Motels
    APN
    027.06-04-06
    APU
    27060406

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $840,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,070,000
      6.5%
      $1,080,000
      7%
      $1,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,225,000
      Geo Method
      $1,035,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,000,000
      Retail
      $925,000
      Mixed-Use
      $1,095,000
      Hospitality
      $975,000
      Educational
      $1,070,000
      Residential Income
      $955,000
      Energy
      $980,000
      Income-Based Land
      $885,000
      Food Service
      $1,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9566
    Latitude
    37.3548
    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
    $19,854
    $414,800
    $1,494,200
    $1,909,000
    -
    $414,800
    $1,494,200
    $1,909,000

    Comparable in this City

    • Value Estimation by Request
      50,200 SF

      3812 Peters Crk Rd

      HOTEL/MOTEL • 50,200 SF
      3812 Peters Crk Rd, Roanoke, VA 24019-2918
      View Details
    • Value Estimation by Request
      48,048 SF

      7944 Plantation Rd

      HOTEL/MOTEL • 48,048 SF
      7944 Plantation Rd, Roanoke, VA 24019-1612
      View Details
    • Value Estimation
      $750,000
      19,872 SF

      7120 Williamson Rd

      HOTEL/MOTEL • 19,872 SF
      7120 Williamson Rd, Roanoke, VA 24019-4233
      View Details
    • Value Estimation by Request
      40,244 SF

      8161 Gander Way

      HOTEL/MOTEL • 40,244 SF
      8161 Gander Way, Roanoke, VA 24019-1624
      View Details
    • Value Estimation
      $5,240,000
      63,068 SF

      6626 Thirlane Rd

      HOTEL/MOTEL • 63,068 SF
      6626 Thirlane Rd, Roanoke, VA 24019-2906
      View Details
    • Value Estimation by Request
      23,788 SF

      7404 Walrond Dr

      HOTEL/MOTEL • 23,788 SF
      7404 Walrond Dr, Roanoke, VA 24019
      View Details

    Similar Nearby for Sale

    • $275,000
      10.65 Acres

      Roanoke Commercial Land - 10.65 Acres

      Prime Roanoke development land, high traffic, flat parcel.
      0 Cloverdale Rd, Roanoke, VA 24019
      View Details
    • $1,095,000
      1.97 Acres

      Prime Hollins Commercial Land

      1.97 Acres, Build-to-Suit Options
      7518 Plantation Rd, Hollins, VA 24019
      View Details
    • $275,000

      10+ Acres Development Land

      Over 10 acres of land ready for development.
      Cloverdale Rd, Roanoke, VA 24019
      View Details
    • $1,999,950

      Development Ready Land Near Retail

      10.49 acres of commercial land near major retailers.
      5207 Orchard Hill Dr, Roanoke, VA 24019
      View Details
    • $784,900

      Commercial Land at Grand Retreat

      Vacant commercial parcels suitable for retail, medical, or office development.
      6356 Cove Rd, Roanoke, VA 24019
      View Details
    • $1,300,000
      10,129 SF

      Enon Drive Office Building Investment

      10,129 SF Office Building, Value-Add Opportunity
      7857 Enon Dr, Hollins, VA 24019
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      3,037 SF

      Woodhaven Office Park: Prime Roanoke Space

      Class A Office Suites, North Roanoke, VA
      5430 Peters Crk Rd, Hollins, VA 24019
      View Details
    • $13 SF/Yr
      1,834 SF

      Roanoke Office Space For Rent

      Office space for rent with easy access to highways.
      6711 Peters Creek Rd, Roanoke, VA 24019
      View Details
    • $12 SF/Yr
      3,800 SF

      Roanoke County Office Space Available

      Office suites for lease on Electric Road with ample parking.
      7535 Williamson Rd, Roanoke, VA 24019
      View Details
    • $14 SF/Yr
      2,810 SF

      Office and Warehouse Space Available

      Modern office and functional warehouse space for rent.
      6742-6746 Thirlane Rd, Roanoke, VA 24019
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space with National Tenants

      Retail space with Food Lion and Domino's Pizza.
      4812-4830 Hollins Rd, Roanoke, VA 24019
      View Details
    • $15 SF/Yr
      21,000 SF

      Roanoke Office Space for Lease

      Prime Roanoke office, multiple suites available.
      3019 Peters Creek Rd, Roanoke, VA 24019
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7860 Plantation Rd
    Roanoke, VA 24019-1610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.