3130 Chaparral DrCave Spring, VA 24018

  • Office properties
  • 26,208 SF
For Lease
$16.50/SF/YR View listing

Property Details for 3130 Chaparral Dr

Year built
1978
Lot size
2.24 AC
Property size (Sq ft)
26,208 SF
Zone code
C1
Property type
Office properties
Property subtype
Other office properties
APN
087.06-01-02
APU
87060102

Description

This exceptional two-story office building, totaling 26,208 square feet, is situated in the highly sought-after F+W Office Park off Chaparral Drive in Southwest Roanoke County, VA. Boasting convenient access to I-581 and Route 220, this Class B property offers a variety of office spaces, ranging from 1,259 to 1,723 square feet, suitable for both executive suites and traditional office setups. Currently, 1,895 square feet are available for lease. The building features a single elevator, ample parking (150+ spaces), and on-site management providing full-service maintenance. Enjoy a pleasant campus-like setting with a courtyard featuring outdoor seating. The property sits on 2.24 acres of land and was built in 1978. Its County C1 zoning provides flexibility for various business types. The building's convenient location offers proximity to a variety of shopping and dining options, making it an ideal location for businesses seeking a comfortable and accessible workspace. The property features one building with two stories. The APN is 087.06-01-02.00-0000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,875,325
    6.5%
    $2,654,146
    7%
    $2,464,564
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,326,659
    Geo Method
    $6,015,784
  • Alternative Use

    Use
    Valuation
    Residential
    $3,291,142
    Hospitality
    $3,014,668
    Educational
    $2,508,168
    Medical
    $2,594,428
    Retail
    $3,901,595
3130 Chaparral Dr, Cave Spring, Virginia

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.2231
Longitude
-79.9903
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
$23,341
$641,200
$1,603,100
$2,244,300
-
$641,200
$1,603,100
$2,244,300

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