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621 18th St 15,080 SF Industrial Building Roanoke, VA 24016 $820,260 CAD ($54.39 CAD/SF)
Executive Summary
Fully Leased. Lease expires 1/31/2030 with one 5-yr option. Gross Income $34,200
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$46,755
|
$3.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$46,755
|
$3.10
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,261
|
$0.88
|
| Net Operating Income |
$33,494
|
$2.22
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $46,755 |
| Annual Per SF | $3.10 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $46,755 |
| Annual Per SF | $3.10 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $13,261 |
| Annual Per SF | $0.88 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $33,494 |
| Annual Per SF | $2.22 |
Property Facts
| Price | $820,260 CAD | Rentable Building Area | 15,080 SF |
| Price Per SF | $54.39 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1937 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 28’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 3.00 AC | ||
| Zoning | UF | ||
| Price | $820,260 CAD |
| Price Per SF | $54.39 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.00 AC |
| Rentable Building Area | 15,080 SF |
| No. Stories | 1 |
| Year Built | 1937 |
| Tenancy | Single |
| Clear Ceiling Height | 28’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | UF |
Amenities
- Fenced Lot
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Freight Car America
- Transportation and Warehousing
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Freight Car America | Transportation and Warehousing | - | - | Triple Net | - |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 132-0715 | Improvements Assessment | $199,198 CAD (2026) |
| Land Assessment | $110,422 CAD (2026) | Total Assessment | $309,620 CAD (2026) |
Property Taxes
Parcel Number
132-0715
Land Assessment
$110,422 CAD (2026)
Improvements Assessment
$199,198 CAD (2026)
Total Assessment
$309,620 CAD (2026)
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L & M Properties, LLC
621 18th St
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