901 11Th StRoanoke, VA 24013

Property Details for 901 11Th St

Year built

1955

Construction

TYPE NOT SPECIFIED

Lot size

6.22 AC

Property size (Sq ft)

112,711 SF

Zone code

I-1

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

305-1106

APU

3051106

Description

This single-tenant industrial warehouse, located at 901 11th St, Roanoke, VA 24013, offers 26,250 square feet of high-capacity space. Ideally situated near the city center, this property is perfect for businesses requiring significant storage and operational space. The warehouse features three loading docks, enhancing efficiency for loading and unloading operations. The property's convenient location provides easy access to transportation routes and key infrastructure, making it an attractive option for various industrial uses. The building's substantial square footage allows for flexible layout configurations to accommodate diverse operational needs. This is a rare opportunity to acquire a well-located, sizable warehouse in a thriving Virginia city. The property is classified as an industrial warehouse with single tenancy, ensuring a streamlined operational environment. Its strategic location near the city's core offers significant advantages in terms of accessibility and workforce proximity. The three loading docks significantly improve logistical efficiency, reducing operational bottlenecks and enhancing overall productivity. Serious inquiries are encouraged to explore this exceptional industrial real estate opportunity. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $15,333,493

  6.5%

  $14,153,993

  7%

  $13,142,994

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,175,448

  Geo Method

  $40,101,108

• Alternative Use

  Use

  Valuation

  Residential

  $14,153,993

  Hospitality

  $12,964,982

  Educational

  $10,786,713

  Medical

  $11,157,684

  Retail

  $16,779,330

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.2816

Longitude

-79.9199

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].