5162 Valleypointe PkwyRoanoke, VA 24019
- Office properties
- 27,008 SF
Property Details for 5162 Valleypointe Pkwy
- Year built
- 1993
- Lot size
- 2.94 AC
- Property size (Sq ft)
- 27,008 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 037.07-01-14.05-0000
- APU
- 37070114050000
Description
This exceptional 8,857-square-foot office building, located at 5162 Valleypointe Parkway in Hollins, Virginia (zip code 24019), presents a unique investment opportunity. Situated on a 2.94-acre lot, this Class B property, built in 1993, offers a single-tenant occupancy. The building's zoning is I1C, and it's ideally located in Roanoke County, providing easy access to major thoroughfares like I-581 and I-81, as well as the regional airport. The space is categorized as Executive and Creative Office, and Professional Office space, making it suitable for a variety of businesses. The building features a desirable end-cap location with high visibility on Valleypointe Parkway. The interior boasts a blend of private offices and an open floor plan area, enhanced by abundant natural light from surrounding windows. The property's total square footage is 8,857 square feet, all of which is currently vacant. This presents a rare chance to acquire a well-positioned, spacious office building in a thriving commercial area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,963,095
- 6.5%
- $2,735,164
- 7%
- $2,539,796
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,428,205
- Geo Method
- $6,199,416
-
Alternative Use
- Use
- Valuation
- Residential
- $3,391,604
- Hospitality
- $3,106,691
- Educational
- $2,584,730
- Medical
- $2,673,623
- Retail
- $4,020,692
Location Insight
- City
- Roanoke
- County
- Roanoke
- State
- Virginia
- Latitude
- 37.3316
- Longitude
- -79.987
- CBSA code
- 40220
- CBSA name
- ROANOKE, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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