Roanoke, VA Flex Space for Sale

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Updated: Jan 29

Roanoke Office & Flex Building

1818 Centre Ave NW, Roanoke, VA 24017

$675,000

8,139 sqft

8,139 SF office & flex building with flexible zoning.
Basement equipped with four 10’x12’ roll‑up doors, restroom, and gas heaters, ideal for storage.
Includes adjacent single‑family structure, offering redevelopment potential.
1,028 SF of main level is in shell condition, providing a customizable build‑out opportunity.
1,641 SF of main level is already configured as office space, including 3 private offices, a kitchen, and a common area.

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Updated: Mar 6

Multi-Tenant Flex Industrial Property

5205 Starkey Rd, Roanoke, VA 24018

$2,600,000

31,000 sqft

31,000 SF of office and flex space
Stable in‑place income and future value‑add potential
Industrial zoning with easy accessibility
Great visibility and road frontage
Located on Starkey Rd in the Tanglewood area of SW Roanoke County

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Multi-Structure Commercial Property

5422 Franklin Rd Sw, Roanoke, VA 24014

$350,000

1.50 AC lot

Commercial-zoned site with a flexible main building, basement, and multiple outbuildings on 1.5 acres.

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Warehouse Flex Space For Sale

1415 Cleveland Ave SW, Roanoke, VA

$475,000

9,000 sqft 0.42 AC lot

Warehouse flex space with office near Downtown Roanoke.

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Industrial Property with Open Space

2945 Orange Ave NE, Roanoke, VA 24012

$750,000

6,000 sqft 0.93 AC lot

Industrial-zoned property featuring 6,000 SF of mostly open space.

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Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 5 Active listings in Roanoke, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 48 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial Flex Office and Warehouse

4190 W Main Street, Salem, VA 24153

$569,900

0.94 AC lot

Two-story office plus fenced-yard warehouse setup with road frontage, suited for storage, distribution, or light manufacturing.

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Light Industrial Flex Building

503 Plunkett Street, Bedford, VA 24523

$349,900

3,200 sqft 0.29 AC lot

Versatile 3,200 SF building on a small commercial & light industrial site, suited for light work, services, or storage.

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Salem Office | Manufacturing | Lab

1405 Mill Race Dr, Salem, VA 24153

$649,500

5,280 sqft

Well-appointed office and lab/manufacturing space in Salem.

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Versatile Commercial Property in Bedford

503 Plunkett St, Bedford, VA 24523

$349,900

3,200 sqft 0.29 AC lot

Commercial property with flexibility for business or investment uses.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Versatile Light Industrial Land Parcel

350 Pony Road, Zebulon, NC 27597

$250,000

0.68 AC lot

Industrial land parcel zoned OI with a flexible layout for office, service, or light industrial development.

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Culpeper County Industrial Zoned Parcel

15482 Braggs Corner Road, Culpeper, VA 22701

$83,000

M2 industrial-zoned land suitable for various commercial or industrial developments.

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Industrial Land in Southern Pines

520 Air Tool Drive, Southern Pines, NC 28387

$99,000

0.47 AC lot

Half-acre industrial lot near Southern Pines Brewery.

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Land for Mixed-Use Development

0 PATRIOT HWY, Fredericksburg, VA 22407

$5,750,000

63.54 AC lot

63.54 acres for mixed-use development in Fredericksburg, VA.

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Off-Market Properties in Roanoke, VA

Consider similar Off-Market properties in Roanoke, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

LIGHT INDUSTRIAL

6540 Commonwealth Dr, Roanoke, VA 24018-5160

Value Estimation by Request

5,510 sqft 0.69 AC lot

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LIGHT INDUSTRIAL

6545 Commonwealth Dr, Roanoke, VA 24018-5160

Value Estimation by Request

9,375 sqft 0.98 AC lot

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LIGHT INDUSTRIAL

6520 Commonwealth Dr, Roanoke, VA 24018-5160

Value Estimation by Request

2,700 sqft 0.55 AC lot

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LIGHT INDUSTRIAL

5050 Cell Tower Dr, Roanoke, VA 24018-5000

$1,770,000

Estimated value

10,050 sqft 2.24 AC lot

View details

LIGHT INDUSTRIAL

5889 Starkey Rd, Roanoke, VA 24018-9046

Value Estimation by Request

5,000 sqft 7.51 AC lot

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LIGHT INDUSTRIAL

5151 Starkey Rd Ste A1, Roanoke, VA 24018-9355

$760,000

Estimated value

5,880 sqft 0.70 AC lot

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LIGHT INDUSTRIAL

6145 Airport Rd, Roanoke, VA 24019-3813

Value Estimation by Request

3,750 sqft 1.00 AC lot

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LIGHT INDUSTRIAL

6410 Commonwealth Dr, Roanoke, VA 24018-5159

$930,000

Estimated value

11,632 sqft 1.00 AC lot

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LIGHT INDUSTRIAL

7525 Milk A Way Dr, Roanoke, VA 24019-3216

Value Estimation by Request

6,000 sqft 1.43 AC lot

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LIGHT INDUSTRIAL

5575 Hollins Rd, Roanoke, VA 24019-5055

Value Estimation by Request

5,000 sqft 1.36 AC lot

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LIGHT INDUSTRIAL

2638 Rutrough Rd, Roanoke, VA 24014-4720

Value Estimation by Request

4,374 sqft 4.50 AC lot

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LIGHT INDUSTRIAL

7537 Milk A Way Dr, Roanoke, VA 24019-3216

Value Estimation by Request

8,375 sqft 0.46 AC lot

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LIGHT INDUSTRIAL

3221 Vly Frg Ave, Roanoke, VA 24018-3630

Value Estimation by Request

2,664 sqft 1.00 AC lot

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LIGHT INDUSTRIAL

5205 Starkey Rd, Roanoke, VA 24018-9367

$810,000

Estimated value

24,375 sqft 1.23 AC lot

View details

LIGHT INDUSTRIAL

6535 Commonwealth Dr, Roanoke, VA 24018-5160

Unit 6541

Value Estimation by Request

6,980 sqft 1.02 AC lot

View details

LIGHT INDUSTRIAL

6500 Commonwealth Dr, Roanoke, VA 24018-5160

$995,000

Estimated value

23,008 sqft 2.02 AC lot

View details

LIGHT INDUSTRIAL

5075 Hollins Rd, Roanoke, VA 24019-5315

$645,000

Estimated value

17,950 sqft 3.48 AC lot

View details

LIGHT INDUSTRIAL

7736 Garland Cir, Roanoke, VA 24019-1600

$595,000

Estimated value

11,100 sqft 1.02 AC lot

View details

LIGHT INDUSTRIAL

7727 Garland Cir, Roanoke, VA 24019-1631

Value Estimation by Request

6,980 sqft 0.53 AC lot

View details

Roanoke, VA Flex Space Market Trends and Statistics

Explore 53 flex space for sale in Roanoke, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 54,139 square feet of properties for sale, with an estimated market value of $4,500,000.

Sale prices for business spaces in Roanoke, VA start at $475,000, averaging $1,125,000, and reaching up to $2,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 171K

Population Growth (5Y) +9.4%

Median Household Income $66,063

College Educated 10.0%

High-Yield Neighborhoods for Investment

Identify Roanoke submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
24014	$350K
24017	$675K
24012	$750K
24018	$2.6M
24016	$3.5M

Taxes & Financing

Tax Rate (average for all types) 1.05%

Property Tax per SF $16.57 per SF

Average Loan-to-Value 65.0%

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Roanoke, VA Flex Space for Sale

1818 Centre Ave NW, Roanoke, VA 24017

5205 Starkey Rd, Roanoke, VA 24018

5422 Franklin Rd Sw, Roanoke, VA 24014

1415 Cleveland Ave SW, Roanoke, VA

2945 Orange Ave NE, Roanoke, VA 24012

Opportunities in Nearby Cities

4190 W Main Street, Salem, VA 24153

503 Plunkett Street, Bedford, VA 24523

1405 Mill Race Dr, Salem, VA 24153

503 Plunkett St, Bedford, VA 24523

Potential Development Sites for Consideration

350 Pony Road, Zebulon, NC 27597

15482 Braggs Corner Road, Culpeper, VA 22701

520 Air Tool Drive, Southern Pines, NC 28387

0 PATRIOT HWY, Fredericksburg, VA 22407

Off-Market Properties in Roanoke, VA

6540 Commonwealth Dr, Roanoke, VA 24018-5160

6545 Commonwealth Dr, Roanoke, VA 24018-5160

6520 Commonwealth Dr, Roanoke, VA 24018-5160

5050 Cell Tower Dr, Roanoke, VA 24018-5000

5889 Starkey Rd, Roanoke, VA 24018-9046

5151 Starkey Rd Ste A1, Roanoke, VA 24018-9355

6145 Airport Rd, Roanoke, VA 24019-3813

6410 Commonwealth Dr, Roanoke, VA 24018-5159

7525 Milk A Way Dr, Roanoke, VA 24019-3216

5575 Hollins Rd, Roanoke, VA 24019-5055

2638 Rutrough Rd, Roanoke, VA 24014-4720

7537 Milk A Way Dr, Roanoke, VA 24019-3216

3221 Vly Frg Ave, Roanoke, VA 24018-3630

5205 Starkey Rd, Roanoke, VA 24018-9367

6535 Commonwealth Dr, Roanoke, VA 24018-5160

6500 Commonwealth Dr, Roanoke, VA 24018-5160

5075 Hollins Rd, Roanoke, VA 24019-5315

7736 Garland Cir, Roanoke, VA 24019-1600

7727 Garland Cir, Roanoke, VA 24019-1631

Roanoke, VA Flex Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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