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$535,000
6711 Williamson RD
Roanoke, VA 24019
1 days on market
Property Type
Commercial Sale
Year Built
1975
Lot Size
0.48 acres
Garage
—
About This Property
Multi-tenant retail office/retail building with a historically high occupancy rate. The building is currently 76% leased to an insurance office, a dentist office, a hair salon, and a retail store. The seller currently occupies one of the tenant spaces (24%) as a law office. The existing leases are below market averages so there is an opportunity for an investor to create additional value through rental increases. NOI based on existing rents and a sale-leaseback agreement with the seller is estimated at $50,817, indicating a 9.43% CAP; however, NOI based on market rents at stabilization is $81,520, indicating a 15.17% CAP.
Property Details
Interior
Exterior & Lot
- Lot Size
- 0.48 acres
- Year Built
- 1975
Location
- County
- Roanoke County
- ZIP Code
- 24019
Financial
- Annual Taxes
- $4,329
Utilities
- Sewer
- Public Sewer
Schools
Heating
Natural Gas, Heat Pump
Cooling
Heat Pump
Location
Listing Information
- MLS #
- 929530
- Listing Agent
- CODY ALLEN MCCRAW
- Listing Office
- IVY REALTY LLC
- Listed Date
- Jul 16, 2026
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