3631 Aerial Way Dr
Industrial | 74,500 SF | Investor or User
Listing Contacts
See All (3)
License: CA 01846649
License: BR706992000
Active
Asking Price: $4,250,000
Address
3631 Aerial Way Dr, Roanoke, VA 24018
Show on MapDate Added
Feb 12, 2025
Days on Market
67 days
Time Since Last Update
18 days
Details
Property TypeIndustrial
SubtypeDistribution, Manufacturing, Warehouse
Investment TypeOwner/User
TenancyVacant
Square Footage74,500
Net Rentable (sq ft)74,500
Price/Sq Ft$57.05
Pro-Forma Cap Rate7.89%
OccupancyVacant
Pro-Forma NOI$335,250
Units1
Year Built1970
Buildings2
Stories1
ZoningI-1
Lot Size (acres)4.29
Broker Co-OpYes
APN5220601
Price/Unit$4,250,000
Ground LeaseNo
OwnershipFee Simple
Dock High Doors8
Ceiling Height32’
INTELLIGENCEMarketing Description
This 74,500 SF industrial facility on 4.29 acres is now available for short-term sale/leaseback in a highly competitive market with limited inventory. Strategically positioned with proximity to rail access, this property offers a rare opportunity for an owner/user or an investor seeking high-quality industrial space in Roanoke, VA. This is a rare opportunity to secure a well-located, high-clearance industrial facility in one of Roanoke’s most sought-after submarkets.
Investment Highlights
- 74,500 SF industrial building
- 4.29-acre fully fenced site
- 32’ clear height at center
- 8 dock doors for streamlined logistics
- 1 drive-in door for added accessibility
- LED lighting for energy efficiency and cost savings
- Proximate to rail for enhanced transportation options
- Tight market with limited available industrial spaces for sale or lease
- 4,250 SF garage/storage
- Lease Commencement: COE
- Lease Expiration: 6 Months*
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
--
Cap Rate
--
ROI
Due Diligence
Listing Contacts
See All (3)- License: CA 01846649
- License: BR706992000
Similar Properties for Sale
$450,000
1715 Murry Road SW. Roanoke, VA
WAREHOUSE Available
1715 Murry Rd SW Roanoke, VA 24018
$975,000
Roanoke Showroom/Warehouse
Industrial • 14,850 SF
2214 Patterson Ave SW Roanoke, VA 24016
$5,295,000
Salem Flex
Industrial • 7.23% CAP • 65,760 SF
1342 Roanoke Blvd Salem, VA 24153
VRC Properties
$1,900,000
Prime Center City Distribution | Retail
Industrial • Distribution • Retail 15,800 SF
315 24th St NW Roanoke, VA 24017
$525,000
Roanoke City Industrial Flex Property
Roanoke City Industrial Flex Warehouse
1415 Cleveland Ave SW Roanoke, VA 24016
$2,475,000
2 property portfolio - Income Producing/Owner user potential
Industrial • 38,800 SF
638 Chapman St Salem, VA 24153
$10,750,000
Blue Ridge Technology Center
Industrial • 146,852 SF
2797 Frontage Rd NW Roanoke, VA 24017
$3,800,000
Airport Area Industrial - Roanoke, Virginia
Industrial • 44,155 SF
3845 Thirlane Rd NW Roanoke, VA 24019
virtual tour
$3,900,000
Virginia Can Company
Prime Redevelopment Opportunity Near Virginia Tech Med School!
315 Albemarle Ave SE Roanoke, VA 24013
ajag REAL ESTATE LLC
$1,100,000
Trinkle AVE
Prime Income-Producing Industrial Property with Expansion Potential
3014 Trinkle Ave NW Roanoke, VA 24012
$730,000
6402 Commonwealth Drive
Office • 5,400 SF
6402 Commonwealth Dr Roanoke, VA 24018
See more properties for sale in Roanoke
Additional Information
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .