NOT LISTED FOR SALE

2620 Electric Rd Roanoke, VA 24018

Cave Spring Neighborhood

Estimated Value: $204,478 - $291,000

0.71 Acre
$348,928 Price per Acre
30,928 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $168,392

Est. 47% increase in value since last sale

Current estimated payment $1,457/month

334 Days on Market

About This Lot

As of July 2022

You wanted a deal so here it is! Assessed at $336,300 is the last lot available in the Olde Dominion Office Park, southwest Roanoke County's premier office park with exceptional visibility on Electric Road. This is the only pad ready site in southwest Roanoke County. Architectural restrictions are in place to assure only the finest quality development. All utilities , curb, guttering, landscaping and storm water management are in place. This is a pad ready site directly on Electric Road, Roanoke's premier commercial corridor. A Property Owner's Association handles grounds and parking lot upkeep. Please take our Aerial Tour through the link listed below. This lot will accommodate a 8,000 square foot two-story building with an additional 2,000 sq ft of daylight basement storage.

Last Agent to Sell the Property

Henry Scholz

MKB, REALTORS(r) License #0225055191 Listed on: 05/26/2021

MKB, REALTORS(r)

Co-Listed By

Thomas Fellers

MKB, REALTORS(r) License #0225188535

Last Buyer's Agent

Jared Schweitzer

MILLER LONG & ASSOCIATES License #4001009036

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,665

Lot Details

  • 0.71 Acre Lot
  • Lot Sloped Down
  • Property is zoned C1

Schools

  • Green Valley Elementary School
  • Hidden Valley Middle School
  • Hidden Valley High School

Utilities

  • Underground Utilities

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 1

Property Details

Property Type

Land

Est. Annual Taxes

$3,665

Lot Details

0

Listing Details

  • Type: Land
  • ElectricDescription: Below Ground
  • Land Sub Type: Commercial Land
  • Major Area: 02 - Roanoke County
  • Phone Email: .
  • P O A Condo Contact Name: .
  • Hoa2 Or Poa: Yes
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Underground Util

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Down Slope
  • Total Acreage: 0.71
  • Lot: 1
  • Land Type: Lot
  • ZoningCode: C1

Tax Info

  • Taxes (6 mo): 3665.00

MLS Schools

  • Elementary School: Green Valley
  • HighSchool: Hidden Valley
  • Middle School: Hidden Valley

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $168,393 -5.9% --
04/25/2022 04/25/22 Pending -- -- --
05/26/2021 05/26/21 For Sale $179,000 -- --
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,924 $186,800 $186,800 $0
2024 $1,943 $186,800 $186,800 $0
2023 $1,980 $186,800 $186,800 $0
2022 $3,666 $336,300 $336,300 $0
2021 $3,666 $336,300 $336,300 $0
2020 $3,666 $336,300 $336,300 $0
2019 $3,513 $322,300 $322,300 $0
2018 $2,355 $274,000 $274,000 $0
2017 $2,355 $216,100 $216,100 $0
2016 $2,301 $211,100 $211,100 $0
2015 $2,136 $196,000 $196,000 $0
2014 $2,082 $191,000 $191,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Henry Scholz

    Seller's Agent in 2022

    Henry Scholz

    MKB, REALTORS(r)

    (540) 353-0100

    8 in this area

    37 Total Sales

    Henry Scholz
    Section Image
  • Thomas Fellers

    Seller Co-Listing Agent in 2022

    Thomas Fellers

    MKB, REALTORS(r)

    (540) 632-3374

    35 in this area

    208 Total Sales

    Thomas Fellers
    Section Image

  • J

    Buyer's Agent in 2022

    Jared Schweitzer

    MILLER LONG & ASSOCIATES

    (540) 761-9291

    1 in this area

    4 Total Sales

    Jared Schweitzer
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880229

Roanoke Valley Association of REALTORS®

APN: 076.11-02-23.01-0000

Virginia Roanoke County Roanoke 24018 Cave Spring

2620 Electric Rd, Roanoke, VA

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