4202 Melrose Ave NW | Roanoke, VA 24017
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- LoopNet Team
4202 Melrose Ave NW
Roanoke, VA 24017
Roanoke Salem Business Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High Visibility Corner Lot
- Centralized Location to Salem, Roanoke and I-81
- Positive Income Production with Great Redevelopment Potential
- Multiple Sought-After Outparcel Buildings Included
- Current Zoning Allows a Vast Array of Uses
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
162,903 SF
Building Class
C
Year Built
1957
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
18.97 AC
Zoning
IPUD/CG - Industrial Planned Unit Development Conditional
Parking
200 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
512’ on Melrose Ave
AMENITIES
- Bus Line
- Corner Lot
- Signage
PROPERTY TAXES
| Parcel Number | 276-1701 | Improvements Assessment | $3,862,500 |
| Land Assessment | $2,038,000 | Total Assessment | $5,900,500 |
PROPERTY TAXES
Parcel Number
276-1701
Land Assessment
$2,038,000
Improvements Assessment
$3,862,500
Total Assessment
$5,900,500
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