Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    106 Stoney Battery Rd Troutville, VA 24175

    Sponsored
    For Sale
    $925,000

    Office,Retail,Warehouse - Troutville, VA

    Property size:
    7,400 SF
    Lot size:
    1.24 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 23 at 7:06 pm

    Property Features for 106 Stoney Battery Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    10
    Parking
    75
    Exterior features
    Additional Buildings, Overhead Door
    Size
    7,400 SF
    Lot size
    1.24 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Natural Gas
    Cooling system
    Electric, Heat Pump

    Building Details

    Flooring type
    Concrete, Wood
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    DAYNA PATRICK
    DAYNA PATRICK

    All Stars Realty of Virginia LLC dba RE/MAX All Stars (540) 992-2525

    Listing agent DAYNA PATRICK (540) 992-2525

    Listing date Feb 23, 2026

    MLS# 924853 Listing URL

    Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turn-Key Restaurant, Bar & Venue

    This turn-key restaurant, bar, catering, and event venue is located in a growing area of Botetourt County near Daleville, with easy access to I-81 Exits 150-156. The property has a certificate of occupancy for 258 people and features 7,400 square feet of space for events, dining, and a fully equipped commercial kitchen. Additional amenities include wine storage, two bars, and a covered porch. The property also offers over 10,000 square feet of heated space with potential for additional income streams, including a 5,400-square-foot upper level and a 3,720-square-foot lower level with a bathroom, attached garage storage, and detached garage/workshop with plumbing and a separate electric meter. The property is zoned for a variety of retail, grocery, bakery, office, medical, church, club, appliance shop, furniture, apparel, library, and beauty shop uses. The lot size is 1.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pomegranate Gathering Place Hotel & Motel

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troutville
    County
    Botetourt
    State
    Virginia
    Longitude
    -79.87421
    Latitude
    37.417081

    Nearby Similar for Sale

    • $170,000
      0.13 Acres

      Adaptable Mixed-Use Property in Troutville

      Versatile live-work space ideal for business owners or investors.
      4034 Lee Hwy, Troutville, VA 24175
      View Details
    • $1,295,000
      5,396 SF

      Former Restaurant on High-Traffic Site

      Former restaurant with redevelopment potential on a high-traffic site.
      2775 Lee Hwy, Troutville, VA 24175
      View Details
    • $320,000
      4,937 SF

      Troutville Retail Property - High Visibility

      Prime 4,937 sq ft retail space on 1.44 acres.
      7367 Lee Hwy, Troutville, VA 24175
      View Details
    • Contact for pricing
      12,000 SF

      Multi-Tenant Business Center For Sale

      12,000 SF multi-tenant professional building with strong rental history.
      192 Summerfield Ct, Troutville, VA
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Restaurant, bar, and event venue with additional heated space.
    Where is this turn key restaurant located?
    The property is located at 106 Stoney Battery Rd Troutville, VA.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - Turn-key restaurant, bar, catering, and event venue ready for immediate operation.; - C.O. for 258 people.; - **7,400 SqFt pristine space** for events, dining, and a fully equipped commercial kitchen.
    (540) 342-9600
    Request Owner's contact information
    106 Stoney Battery Rd Troutville, VA 24175
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 Stoney Battery Rd
    Troutville, VA 24175
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 Stoney Battery Rd Troutville, VA 24175
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    DAYNA PATRICK
    DAYNA PATRICK
    Real Estate License ID: 225074862
    (540) 342-9600 (540) 992-2525
    Learn more
    Google sign-in failed. Please try again or use another login method.