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

    Lee Hwy Roanoke, VA 24019

    • Commercial land
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 06, 2023
    $1,150,000
    Location Intelligence
    Property ID
    US87-2370075
    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

    • Commercial land

    Property Details for Lee Hwy

    Lot size
    1.14 lot acres
    Zone code
    M-1
    Property type
    Commercial land
    APN
    106B(1)2B1
    APU
    106B12B1

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Botetourt
    State
    Virginia
    Longitude
    -79.9211
    Latitude
    37.3621
    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
    0
    $0.00
    $72,100
    $0.00
    $72,100
    -
    $72,100
    $0.00
    $72,100

    Comparable in this City

    • Value Estimation by Request
      0.61 Acres

      Industrial Blvd

      VACANT COMMERCIAL LAND • 0.61 Acres
      Industrial Blvd, Roanoke, VA 24019
      View Details
    • Value Estimation by Request
      15.20 Acres

      Avery Row

      VACANT COMMERCIAL LAND • 15.20 Acres
      Avery Row, Roanoke, VA 24019
      View Details
    • Value Estimation by Request
      0.66 Acres

      Blue Rdg Blvd

      VACANT COMMERCIAL LAND • 0.66 Acres
      Blue Rdg Blvd, Roanoke, VA 24019
      View Details
    • Value Estimation by Request
      2.01 Acres

      3716 Tom Andrews NW Rd

      VACANT COMMERCIAL LAND • 2.01 Acres
      3716 Tom Andrews NW Rd, Roanoke, VA 24019-3062
      View Details
    • Value Estimation by Request
      12.79 Acres

      Roanoke, VA 24019

      VACANT COMMERCIAL LAND • 12.79 Acres
      Roanoke, VA 24019
      View Details
    • Value Estimation by Request
      1.23 Acres

      Brown Rd

      VACANT COMMERCIAL LAND • 1.23 Acres
      Brown Rd, Roanoke, VA 24019
      View Details

    Similar Nearby for Sale

    • $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
    • $650,000

      10+ Acres Ready for Development

      Over 10 acres of land ready for development.
      5127 Crumpacker Dr, Roanoke, VA 24019
      View Details
    • $995,000
      1,695 SF

      Roanoke Commercial Land For Sale

      14.8 acres of commercial land with office space.
      4855 Hollins Rd, Roanoke, VA 24019
      View Details
    • $800,000

      Land with High Visibility

      Highly visible land near industrial park and airport.
      Thirlane Rd NW, Roanoke, VA 24019
      View Details

    Similar Nearby for Lease

    • $19,800 /Mo
      85,813 SF

      Roanoke Commercial Land - 2 Acres

      Prime Peters Creek Road location, near I-581.
      2941 Peters Creek Rd, Roanoke, VA 24019
      View Details
    • $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
      19,680 SF

      Hollins Office Space Available

      Premium Office Suites in Roanoke Valley
      5251 Concourse Dr, Hollins, VA 24019
      View Details
    • $11 SF/Yr
      12,000 SF

      Prime Roanoke Office Space

      Botetourt County, VA - Multi-Tenant Office Building
      89 Summers Way, 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.
    Lee Hwy
    Roanoke, VA 24019
    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.