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$455,000
6711 Williamson RD
Roanoke, VA 24019
MLS# 929530



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Property Description
Multi-tenant retail office/retail building with a historically high occupancy rate. The building is currently 68% leased to an insurance office, a dentist office, a hair salon, and a retail store. The seller currently occupies one of the tenant spaces (32%) 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 for leased spaces and market rent for owner-occupied space is estimated at $55,964, indicating a 12.3% CAP; however, NOI based on market rents at stabilization is $75,467, indicating a 16.6% CAP. The site is improved with a paved parking lot containing 23 parking spaces and a pylon sign.

Details
Maps
General Property Description
Construction Status: Completed
Year Built: 1975
Lot Dimensions: 98x209
Total Acreage: 0.48
Road Frontage: 98
Traffic Count: 12000
Flood Area: Yes
On site Parking: Yes
Parking Spaces: 23
Gross Building SqFt: 6840
Lease Available: No
Basement Y/N: No
Water Class: N/A
Location, Tax & Legal
Area: 0210 - Roanoke County - North
Street Number: 6711
Street Name: Williamson
Street Suffix: RD
State/Province: VA
Zip Code: 24019
Municipality: Roanoke County
Contract Information
Current Price: $455,000
List Price: $455,000
List Date: 2026-07-16
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Office; Retail
Business Type: Barber/Beauty; Dental; Professional/Office
Sale Includes: Building & Land
Construction: Block; Vinyl
Roof System: Shingle
Levels: One
Heating: Heat Pump; Natural Gas
Cooling: Heat Pump
Floors: Carpet; Vinyl
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Topography: Level

Listing Office: IVY REALTY LLC

Last Updated: September - 16 - 2026

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