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Property profile & analytics
FOR SALE
Industrial land
Cove Rd Roanoke, VA 24017
Entity Owned
2-yr Hold
Free & Clear
Property ID
US87-0552497
For Sale
1 / 3
$784,900
Cove Rd, Roanoke, VA 24017
View Listing →
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.93 ac (84,201 SF)
Zoning code
R-7
APN
644-0206
UPID
US87-0552497
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
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
Swva Holdings LLC · 2 yrs held
Swva Holdings LLC
since 2024
7 recorded transactions
Zoning & alternative use
R-7 · Roanoke, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$65,200
Assessed 2024
Previous assessed
$51,400
+26.8% YoY
Assessed land
$65,200
Land market value
$65,200
Total market value
$65,200
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
For Sale
Heating
NONE
Lot
1.93 ac (84,201 SF)
Zoning code
R-7
APN
644-0206
UPID
US87-0552497
Jurisdiction
ROANOKE CITY
Zoning & alternative use
R-7 · Roanoke, VA
Zoning R-7 · permitted uses
R-7 · Roanoke, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roanoke. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.93 ac
Current owner
From public records · entity-resolved
Swva Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 16428, COLUMBUS, OH 43216-6428
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Edward E Wilson
—
Deed
related
$162,000 · Rocket Mortgage LLC
May 13, 2024
$15,000
Swva Holdings LLC
Whitlow Investment Properties LLC
Deed
—
Nov 14, 2023
—
3g Property Solutions LLC
Cynthia P Robertson
Quitclaim Deed
related
—
Oct 27, 2022
—
Johnny W Shingleton JR
—
Deed
related
$17,442 · Newrez LLC
Oct 20, 2022
$8,925
Whitlow Investment Properties LLC
Evelyn D Kirk
Deed
related
—
Sep 9, 2022
—
Edward Rose Development Company LLC
—
Deed
related
$31,850,000 · Prudential Insurance Of America
Aug 5, 2022
$177,500
Michael Kevin Martin
Isaac Nelson
Deed
—
Apr 15, 2022
$1,020,000
Khawaja Holdings LLC
Mik INC
Deed
$820,000 · Mik INC
Aug 23, 2021
—
Michael Alan Franklin
—
Deed
related
$100,800 · Rocket Mortgage LLC
Mar 12, 2021
$172,000
Johnny W Sihngleton JR
Maria Nicole Lapierre
Deed
$168,884 · Alcova Mortgage LLC
Dec 4, 2020
$59,000
Noel Burleson Lara
Lewis A Conner
Deed
$32,000 · Freedom First FCU
Oct 30, 2020
—
Edward E Wilson
—
Deed
related
$97,040 · Quicken Loans LLC
Oct 14, 2020
—
Jeffrey Palmer
—
Deed
related
$65,000 · Third Fed'l S&l/cleveland
Jul 23, 2019
—
Sja Properties LLC
Sja Investments LLC
Quitclaim Deed
related
$75,000 · Bank Of Fincastle
Feb 12, 2019
$135,000
Jeffrey Palmer
Amrhein,stephen O & Kathy V
Grant Deed
—
Feb 5, 2019
$26,000
Chadd A Newman
Patti Lynn Garst Neikirk
Grant Deed
—
Aug 10, 2018
$119,950
Isaac Nelson
James M Lutz
Deed
$117,776 · Integrity Home Mortgage Corp
Jul 27, 2018
—
Sja Investments LLC
—
Deed
related
$25,000 · Bank Of Fincastle
Mar 2, 2018
—
Sja Investments LLC
—
Deed
related
$70,000 · Bank Of Fincastle
Oct 20, 2017
—
Property Mgmt Ptrs LLC
Mks Associates
Grant Deed
—
Oct 16, 2017
—
John R Eakin
Eakin,john C & Doris L
Quitclaim Deed
—
Dec 13, 2016
—
Sja Investments LLC
—
Deed
related
$36,000 · Bank Of Botetourt
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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