2121 Roanoke Blvd
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2121 Roanoke Blvd
6,250 SF Flex Building Salem, VA 24153 $1,063,102 CAD ($170 CAD/SF) 6.37% Cap Rate
Executive Summary
Gross Income - $66,000. Annual Expense - $18,230; NOI - $47,770. Lease expires 5/31/25 with one year option.
Brick Building.
Brick Building.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,063,102 CAD | Lot Size | 1.00 AC |
| Price Per SF | $170 CAD | Rentable Building Area | 6,250 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.37% | Year Built | 1987 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Distribution | Parking Ratio | 1.12/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Price | $1,063,102 CAD |
| Price Per SF | $170 CAD |
| Sale Type | Investment |
| Cap Rate | 6.37% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 6,250 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Tenancy | Single |
| Parking Ratio | 1.12/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
Utilities
- Lighting
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 224-4-11 | Improvements Assessment | $320,813 CAD (2024) |
| Land Assessment | $100,738 CAD (2024) | Total Assessment | $421,552 CAD (2024) |
PROPERTY TAXES
Parcel Number
224-4-11
Land Assessment
$100,738 CAD (2024)
Improvements Assessment
$320,813 CAD (2024)
Total Assessment
$421,552 CAD (2024)
zoning
| Zoning Code | CBD |
| CBD |
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L & M Properties, LLC
2121 Roanoke Blvd
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