Roanoke, VA – Poe & Cronk Real Estate Group today announced the sale of the former Valley Cadillac dealership on Franklin Road in Roanoke, VA.
After marketing the property for a short period, Poe & Cronk identified a development company in South Carolina that was interested in purchasing the property and repurposing the site. The purchaser plans to redevelop the property into a new self-storage facility.
The property sold for $2,500,000.
Matt Huff, Thom Hubard, and Zachary May of Poe & Cronk Real Estate Group successfully completed this transaction.
About Poe & Cronk
Poe & Cronk is a locally owned and internationally recognized leading full-service commercial real estate company. The firm is comprised of a team of real estate professionals with more than 300 combined years of experience and more than $1B in real estate transaction knowledge in selling, leasing, and managing commercial, industrial, and investment real estate. In business for more than 30 years, Poe & Cronk provides commercial and investment real estate services throughout western Virginia.