410 Jefferson StRoanoke, VA 24011

Property Details for 410 Jefferson St

Year built

1900

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

8,463 SF

Zone code

D

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

401-1702

APU

4011702

Description

This exceptional 8,415 square foot, two-story office building presents a unique opportunity in vibrant Downtown Roanoke, Virginia. Located at 410 S Jefferson St (APN 4011702), this Class B building, constructed in 1900, offers a single-tenant occupancy arrangement. The entire 8,415 square feet is currently vacant, providing immediate occupancy for a business seeking a prominent downtown presence. The building features a thoughtfully designed floor plan, including a ground floor reception area and conference room, along with thirteen offices. The second floor boasts twelve additional offices and dedicated filing space. Office configurations vary, with some fully enclosed and others featuring open ceilings. The property sits on a 0.09-acre lot and is zoned for downtown use. While there is no on-site parking, its central location offers easy access to numerous amenities. The building lacks elevators. Annual property taxes are $1.43 per square foot. This location offers unparalleled access to the bustling energy of Downtown Roanoke, with over 70 restaurants, 40+ retailers, and 1,700+ residential units within easy reach. The building's proximity to Mast General Store, Well Hung Vineyards, and Davidson's further enhances its appeal. This is an ideal opportunity for a business seeking a high-visibility location in a thriving urban environment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,151,328

  6.5%

  $1,062,764

  7%

  $986,853

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,665,062

  Geo Method

  $3,011,026

• Alternative Use

  Use

  Valuation

  Residential

  $1,062,764

  Hospitality

  $973,487

  Educational

  $809,929

  Medical

  $837,784

  Retail

  $1,259,890

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.2702

Longitude

-79.9403

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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