5604 Starkey RdCave Spring, VA 24018

  • Office properties
  • 4,151 SF
For Lease
$15.68/SF/YR View listing

Property Details for 5604 Starkey Rd

Year built
1950
Lot size
0.59 AC
Property size (Sq ft)
4,151 SF
Zone code
C1
Property type
Office properties
Property subtype
Other office properties
APN
087.19-03-33
APU
87190333

Description

This single-story, 4,151 square foot Class B office building, situated on a 0.59-acre lot in Roanoke, Virginia, presents a fantastic opportunity. Built in 1950, the property features two suites, with 2,200 square feet currently vacant and ready for immediate occupancy. The building is zoned C-1 and boasts ample parking with 10 spaces available for tenants and guests. The address is 5604 Starkey Rd, Cave Spring, VA 24018. This executive office space offers a convenient location with easy access to local amenities. The property includes no elevators. The APN is 087.19-03-33.00-0000. This is an excellent opportunity for a business seeking a well-maintained office space in a desirable location. The property offers a blend of classic charm and modern functionality, making it an ideal choice for a variety of businesses. The spacious layout provides flexibility for customization to meet specific needs. Don't miss this chance to secure a prime office space in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $455,413
    6.5%
    $420,382
    7%
    $390,354
  • Comparable approach

    Method
    Valuation
    Relative Method
    $526,899
    Geo Method
    $952,821
  • Alternative Use

    Use
    Valuation
    Residential
    $521,273
    Hospitality
    $477,483
    Educational
    $397,261
    Medical
    $410,923
    Retail
    $617,961
5604 Starkey Rd, Cave Spring, Virginia

Location Insight

City
Roanoke
County
Roanoke
State
Virginia
Latitude
37.206
Longitude
-79.9891
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
$5,562
$128,500
$406,300
$534,800
-
$128,500
$406,300
$534,800

FAQs

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