3618 Brambleton AveCave Spring, VA 24018

  • Office properties
  • 6,349 SF
For Lease
$15.50/SF/YR View listing

Property Details for 3618 Brambleton Ave

Year built
1960
Lot size
1.00 AC
Property size (Sq ft)
6,349 SF
Zone code
C2
Property type
Office properties
Property subtype
Other office properties
APN
077.13-01-04
APU
77130104

Description

This exceptional 1,100 square foot office space is situated within the highly visible Morris Building on Brambleton Avenue in Cave Spring, Virginia. Located in Roanoke County (zip code 24018), this single-story, Class B building offers a fantastic opportunity for businesses seeking a prominent location. The space, previously occupied by Morris Accounting, boasts a well-designed layout including a reception area with an ADA-compliant restroom, a dedicated staff area, a spacious work area, and a large private office. Additional amenities include a full break room and a second full bathroom. A significant advantage is the inclusion of a basement area, providing ample storage or additional workspace. The building's location on Brambleton Avenue ensures exceptional visibility and signage opportunities. The property features 6,400 total square feet across one building, built in 1960, and is zoned C2. The property is conveniently located at 3618 Brambleton Ave SW. Building maintenance is handled by the owner, including real estate taxes and building insurance. Tenant responsibilities include electricity, gas, and janitorial services. This is a rare opportunity to secure a highly desirable office space in a prime commercial corridor. The APN is 77.13-01-04.00. No elevators are present in this single-story building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $696,560
    6.5%
    $642,978
    7%
    $597,051
  • Comparable approach

    Method
    Valuation
    Relative Method
    $805,897
    Geo Method
    $1,457,350
  • Alternative Use

    Use
    Valuation
    Residential
    $797,293
    Hospitality
    $730,316
    Educational
    $607,614
    Medical
    $628,511
    Retail
    $945,178
3618 Brambleton Ave, Cave Spring, Virginia

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.2362
Longitude
-80.0023
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
2024
$4,896
$119,900
$350,900
$470,800
-
$119,900
$350,900
$470,800

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