3433 Brambleton AveCave Spring, VA 24018

Property Details for 3433 Brambleton Ave

Year built

1973

Lot size

0.95 AC

Property size (Sq ft)

28,776 SF

Zone code

C2

Property type

Office properties

Property subtype

Other office properties

APN

077.10-07-20

APU

77100720

Description

This well-maintained Class B executive office building, located at 3433 Brambleton Ave in Roanoke, Virginia (zip code 24018), presents a fantastic investment opportunity. The property is situated in Southwest Roanoke County, offering convenient access to major roadways and amenities. The building boasts ample parking, a significant advantage for employees and clients. Currently, 400 square feet of net rentable office space is available for sale at an asking price of $1,750,000. The property's central location near Advance Auto Parts ensures high visibility and accessibility. This executive office space is ideal for a variety of businesses seeking a professional and well-maintained workspace in a desirable location. The building's excellent condition and ample parking make it a highly attractive option for businesses looking to establish or expand their presence in the Roanoke area. The 400 square foot space provides a comfortable and efficient layout, perfect for smaller teams or individual professionals. This is a turnkey opportunity to acquire a valuable commercial property in a thriving market. The asking price reflects the property's excellent condition, prime location, and the potential for strong returns on investment. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $3,157,065

  6.5%

  $2,914,214

  7%

  $2,706,056

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,652,623

  Geo Method

  $6,605,243

• Alternative Use

  Use

  Valuation

  Residential

  $3,613,625

  Hospitality

  $3,310,061

  Educational

  $2,753,932

  Medical

  $2,848,644

  Retail

  $4,283,894

Location Insight

City

Roanoke

County

Roanoke

State

Virginia

Latitude

37.2386

Longitude

-79.9998

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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