312 Jefferson StRoanoke, VA 24011

Property Details for 312 Jefferson St

Year built

1910

Construction

TYPE NOT SPECIFIED

Lot size

0.06 AC

Property size (Sq ft)

6,850 SF

Zone code

D

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

401-1305

APU

4011305

Description

This exceptional 1,150 square foot office space at 312 S Jefferson St, Roanoke, VA, is ideally situated in the vibrant heart of downtown. The property boasts a highly desirable location with significant foot traffic and excellent street visibility, ensuring maximum exposure for your business. The building itself is well-maintained and presents a professional image, perfect for a variety of businesses. This single-tenant space is part of a larger building totaling 6,850 square feet, situated on a 2,499 square foot lot. The property is zoned D, offering flexibility for various commercial uses, including traditional office, executive office, medical office, and creative office spaces. The property's central location provides easy access to amenities, transportation, and a thriving business community. This is a rare opportunity to secure a well-located, high-visibility office space in a desirable downtown Roanoke setting. The property's APN is 4011305. This turnkey solution allows for immediate occupancy and the potential to establish a strong presence in the Roanoke business district. The space is ready for immediate occupancy and offers a fantastic opportunity for businesses seeking a prominent location. The building's professional appearance and convenient location make it an ideal choice for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $931,892

  6.5%

  $860,208

  7%

  $798,764

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,347,711

  Geo Method

  $2,437,141

• Alternative Use

  Use

  Valuation

  Residential

  $860,208

  Hospitality

  $787,946

  Educational

  $655,561

  Medical

  $678,107

  Retail

  $1,019,762

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.2707

Longitude

-79.9403

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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