2740 Ogden RdRoanoke, VA 24018

  • Other commercial real estate
  • 5,400 SF
For Lease
$14.50/SF/YR View listing

Property Details for 2740 Ogden Rd

Year built
1977
Lot size
0.68 AC
Property size (Sq ft)
5,400 SF
Zone code
C2
Property type
Other commercial real estate
APN
077.19-01-07
APU
77190107

Description

This exceptional 2,500 square foot office space, located within the Frantz Diamond Building at 2740 Ogden Rd SW in Cave Spring, VA 24018, presents a unique opportunity. Situated in the desirable Tanglewood Mall area, this property benefits from high visibility and convenient access to Interstate 581, serving the entire Roanoke Valley. The building, constructed in 1977 and extensively renovated in 2024, offers a single-story layout with a flexible, mostly open floor plan easily adaptable to various business needs. The space is part of a 5,400 square foot building with multiple suites, zoned C2 for Retail or Office use. This prime location boasts proximity to over 800,000 square feet of retail, restaurant, and medical space within Tanglewood Mall, experiencing a daily traffic count exceeding 44,000 vehicles. The surrounding area is known for its affluent residential population. A special move-in incentive is available: the first six months of base rent is only $7.50 per square foot, with CAM charges of $5.00 per square foot inclusive of all utilities. The property's APN is 77.19-01-07.00. This versatile space is ideal for medical, traditional, or creative office uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $678,120
    Hospitality
    $621,154
    Educational
    $516,793
    Medical
    $534,566
    Retail
    $803,900
2740 Ogden Rd, Roanoke, Virginia

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.2278
Longitude
-79.9812
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
$7,108
$273,000
$410,500
$683,500
-
$273,000
$410,500
$683,500

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