3823 Franklin Rd SW, Roanoke, VA 24014 Property Records

Roanoke City property record for 3823 Franklin Rd SW, Roanoke, VA 24014

Property Summary

Property TypeMixed Use Commercial/Industrial
Details28,719 sqft · built 1964
Lot Size3.43 acres (149,454 sqft)
OwnerCompany Name on File
Last Sale$4,761,700 (May 2019)
Tax Bill$71,928 (2026)
Deeds & MortgagesMay 2023 Mortgage
May 2019 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN549-0403

Property Details

APN / Parcel Number

Primary APN549-0403

Interior

Total Rooms98 Rooms
Stories1 Story
Building Area28,719 sqft Finished Area

Exterior

Year BuiltBuilt 1964
Roof TypeCathedral/Clerestory
Lot Area149,454 sqft (3.43 acres)

Utilities, Heating & Cooling

Cooling SystemNone
Heating SystemHVAC

Location & Zoning

Street Address3823 FRANKLIN RD SW
CityROANOKE
StateVA
Zip24014-3043
Property CategoryCommercial
Property TypeCommercial > Retail > Mixed Use Commercial/Industrial
Local Zoning CodeCG
Legal DescriptionPARCEL E TOWNSIDE CORP
JurisdictionROANOKE CITY VA
Township / Civil DivisionROANOKE
Census Block Group3
Census Block3013
Census Tract3000

Owner

3823 Franklin Rd SW, a commercial property, is owned by a company that bought it in May 2019.

Source: Roanoke City records, as of March 16, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address3131 ELECTRIC RD, ROANOKE, VA 24018-6427
Owner TypeCompany

Deeds, Mortgages & Sale History

DateDocument
May 9, 2023Deed of Trust, Mortgage · Commercial Mortgage
LUMENT REAL ESTTAE CAPIRTAL LLC
May 31, 2019Deed, Transfer · Line of Credit
THE NATIONAL BANK OF BLACKSBURG

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMay 31, 2019 · Amount on File
Deed SaleMay 31, 2019 · Amount on File
Deed Document Number190005125
Record UpdatedJun 8, 2026

May 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionROANOKE CITY VA
Property Address3823 FRANKLIN RD SW, ROANOKE, VA 24014-3043
Transaction TypeMortgage
Record UpdatedMay 22, 2023
Title CompanyFIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address3131 HOLLINS RD NE ELECT0, ELECT0, ROANOKE, VA 24012-7507

Mortgage

Document Number0000003620
DateMay 9, 2023
Instrument230003620
Lender
NameLUMENT REAL ESTTAE CAPIRTAL LLC
TypeNon-Lending Institution
AddressRICHMOND, VA 23226
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term421 Months
DueJun 1, 2058

May 2019: Deed, Transfer

Document TypeDeed
JurisdictionROANOKE CITY VA
Recording DateMay 31, 2019
Property Address3823 FRANKLIN RD SW, ROANOKE, VA 24014-3043
Document Number0000005125
Instrument DateMay 30, 2019
Instrument190005125
Transaction TypeTransfer
Record UpdatedSep 6, 2022
Title CompanyFIDELITY NATL TTL INS CO

Transaction

AmountAmount on Record
Tax$4,762.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address3131 ELECTRIC RD, ROANOKE, VA 24018-6427

Mortgage

Document Number0000005126
DateMay 31, 2019
Instrument190005126
Lender
NameTHE NATIONAL BANK OF BLACKSBURG
TypeBank
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2026 property tax bill for 3823 Franklin Rd SW was $71,928.

Source: Roanoke City assessment roll, as of January 1, 2026

Property Jurisdictions

TypeName
StateVirginia
MunicipalityRoanoke City
Unified School DistrictRoanoke City Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$71,928.00$5,895,800 Land $1,108,100 Building $4,787,700$5,895,800 Land $1,108,100 Building $4,787,700
2023$70,699.00$5,795,000 Land $1,007,300 Building $4,787,700$5,795,000 Land $1,007,300 Building $4,787,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 3823 Franklin Rd SW in Zone X, an area of minimal flood risk, though there have been 45 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective December 21, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies7 in force
Nearby Flood Claims45 (1978–2011)
Most Recent ClaimJul 2011 · rainfall accumulation
Claims by Event
  • Severe Storms And Flooding From The Remanants Of Hurricane Jeanne, Sep 2004 · 2 claims
  • Severe Storms & Flooding, Apr 1992 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 3823 Franklin Rd SW has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemWESTERN VIRGINIA WATER AUTHORITY
serves 182,700 people · EPA ID VA2770900
Water SourceSurface water
Last State InspectionAug 2025
LeadUnder 1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityTotal trihalomethanes
resolved · Jan 2020
Haloacetic acids
resolved · Jul 2017
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 107 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Glo Fiber
Fiber
8,000 / 8,000
Cox Communications
Cable · Fiber in parts of the area
2,000 / 100
Starlink
Satellite
280 / 30
AT&T
Fixed Wireless
100 / 20

May also be available: Verizon.

Nearby Properties on Franklin Rd SW

Nearby Streets

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