5130 Williamson RdRoanoke, VA 24012

Property Details for 5130 Williamson Rd

Year built

1940

Construction

WOOD

Lot size

0.45 AC

Property size (Sq ft)

2,326 SF

Zone code

CG

Property type

Industrial properties

Property subtype

Industrial live-work properties

APN

219-0327

APU

2190327

Description

This exceptional commercial property, located at 5130 Williamson Road in Roanoke, Virginia (zip code 24012), presents a unique investment opportunity. The property encompasses a substantial 19,397 square foot lot and features two buildings totaling 3,072 net rentable square feet. The main building, 5130 Williamson Road, is a charming catawba stone structure with a slate roof, offering 2,324 square feet of space. This building includes a 1,390 square foot first floor and a 934 square foot second-floor owner/employee apartment. A basement is also present, though not included in the stated square footage. A separate 748 square foot building at 5132 Williamson Road is currently leased to a barber shop, generating a monthly rental income of $650 plus $80 for water. Ample parking is available, with 5 spaces in front of 5130 and 6 additional spaces in the rear, with potential for expansion. A fenced rear area includes several existing storage buildings. Building 5132 Williamson has 7-8 parking spaces. The property benefits from excellent street signage and is zoned CG Commercial General. The buildings were constructed in 1940 and are classified as Class B. The asking price is $349,421. This property offers a blend of income-generating potential and versatile space, making it an attractive investment in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $316,435

  6.5%

  $292,094

  7%

  $271,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $457,631

  Geo Method

  $827,561

• Alternative Use

  Use

  Valuation

  Residential

  $292,094

  Hospitality

  $267,556

  Educational

  $222,604

  Medical

  $230,259

  Retail

  $346,273

Location Insight

City

Roanoke

County

Roanoke City

State

Virginia

Latitude

37.3204

Longitude

-79.9551

CBSA code

40220

CBSA name

ROANOKE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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