3807 Brandon AveRoanoke, VA 24018

Property Details for 3807 Brandon Ave

Year built

1970

Construction

TYPE NOT SPECIFIED

Lot size

3.91 AC

Property size (Sq ft)

57,361 SF

Zone code

MX

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

520-0106

APU

5200106

Description

This exceptional two-story office building, located at 3807 Brandon Ave SW in Roanoke, Virginia (zip code 24018), offers a diverse range of spaces ideal for businesses seeking a well-maintained and conveniently located office environment. The property, classified as Class B, boasts a total of 57,361 square feet, with 17,635 square feet currently available. Units range from a minimum of 1,485 square feet to a maximum of 6,200 square feet, catering to various business needs. Built in 1970, the single building sits on a 4.2-acre lot and features attractive common areas. The building's design incorporates both grade-level access to both the upper and lower levels, ensuring convenient entry and accessibility. Ample parking is available on-site. The property is zoned MX and has an APN of 5200106. While elevators are not present, the two-story layout offers efficient space utilization. This multi-tenant building is perfect for businesses seeking a traditional or creative office space in a thriving Roanoke location. The property's location provides easy access to major roadways and local amenities. This is a fantastic opportunity to secure prime office space in a well-established and desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,803,537

  6.5%

  $7,203,265

  7%

  $6,688,746

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,285,552

  Geo Method

  $20,408,298

• Alternative Use

  Use

  Valuation

  Residential

  $7,203,265

  Hospitality

  $6,598,152

  Educational

  $5,489,585

  Medical

  $5,678,380

  Retail

  $8,539,355

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.2645

Longitude

-80.0127

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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