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Property profile & analytics
OFF-MARKET
Hotels

8118 Plantation Rd Roanoke, VA 24019-1616

52,236 SF 5.28 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Property ID
US87-0784081
Property summary
AI-generated overview

This exceptional 10,889 square foot restaurant property presents a compelling redevelopment opportunity in Roanoke, Virginia. Located at 8118 Plantation Road, this 1.8-acre site boasts convenient access to Interstate 81 via Exit 146, ensuring high visibility and accessibility. The single-story building, constructed in 1970, sits on a sizable lot and is zoned C-2, offering flexibility for various commercial uses. The asking price is $650,000, translating to $59.69 per square foot. This prime location offers significant potential for investors seeking to capitalize on a high-traffic area with strong growth prospects. The property's size and zoning provide ample room for expansion or repurposing, making it an ideal investment for entrepreneurs and developers alike. The existing structure provides a solid foundation for a variety of commercial ventures, while the expansive lot allows for significant future development. This is a rare opportunity to acquire a substantial property in a desirable location with excellent access to major transportation routes. The property's potential is limited only by the imagination of the future owner. Serious inquiries are encouraged.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1970
Total area 52,236 SF
Lot 5.28 ac (229,997 SF)
Zoning code C2
APN 018.18-01-02
UPID US87-0784081
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
  • Days Inn by Wyndham Roanoke Near I-81 Hotel & Motel
  • hotel in Virginia Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ishakaur Properties LLC
Ishakaur Properties LLC
since 2025
Last sale
$600,000
3 recorded transactions
2025
$600,000
2023
$4.8M
2019
$4.0M
Zoning & alternative use
C2 · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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