3440 Brandon AveRoanoke, VA 24018

Property Details for 3440 Brandon Ave

Year built

1985

Construction

TYPE NOT SPECIFIED

Lot size

1.36 AC

Property size (Sq ft)

10,560 SF

Zone code

CG

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

519-0103

APU

5190103

Description

This exceptional 0.7-acre commercial land parcel presents a unique build-to-suit opportunity in Franklin County. Ideally situated adjacent to the Ferguson Bath and Kitchen Gallery, this flat, readily developable site boasts 100 feet of frontage. Zoned CG - Commercial General, it offers significant flexibility for a variety of commercial or light industrial uses. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. The seller is offering a compelling incentive: they will construct a storefront building tailored to the tenant's specific requirements in exchange for a long-term lease agreement. This presents a rare chance to secure a custom-designed space without the upfront capital investment typically associated with new construction. This turnkey solution minimizes risk and allows businesses to focus on their core operations. The 0.7-acre lot size provides ample space for a substantial building and potential for future expansion. Serious inquiries are encouraged to explore this exceptional opportunity to establish a thriving business in a highly desirable location. The property's strategic positioning and the build-to-suit option make it an unparalleled investment prospect. Don't miss this chance to secure a prime commercial location with a customized building solution.

• CAP approach

  CAP return

  Valuation

  6%

  $1,436,609

  6.5%

  $1,326,101

  7%

  $1,231,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,077,639

  Geo Method

  $3,757,111

• Alternative Use

  Use

  Valuation

  Residential

  $1,326,101

  Hospitality

  $1,214,701

  Educational

  $1,010,617

  Medical

  $1,045,374

  Retail

  $1,572,071

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.2636

Longitude

-80.0046

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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