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Mixed-Use Property with Covered Porch
For Sale
$194,500

101 Mays Hollow Road, Pembroke, VA 24136

Commercial, Pembroke, VA

Property Size640 SF
Lot Size2.75 Acres
Price / SF$303.91
Days on Market166

Property Features for 101 Mays Hollow Road

General Information

Property type Commercial Sale
Property subtype Other
Elementary school Eastern
Middle school Eastern
High school Giles
Elementary school district Giles County
Middle school district Giles County
High school district Giles County
Directions From Blacksburg, west on HWY 460 (Virginia Ave), turn Right onto Mays Hollow Road into the parking lot. Property is on the corner of Mays Hollow Road and HWY 460
Subdivision Giles County
Standard status Active
Lot size 2.75 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Map #42B-2-34A; Via Main Street
Tax Annual Amount 844
Legal Description Map #42B-2-34A; Via Main Street

Utilities

Heating system Ductless (Heating)
Water source Public

Amenities

covered front porch

Building Details

Year built 1950
Flooring type Lvp
Building materials Wood Frame
Listing Agency: UC/Blue Ridge Land - Cburg · United Real Estate
Listed By: Bruce Morris
Added: Apr 24 Changed: Oct 1 Last Checked: Oct 6 at 10:06AM
MLS# 427116

Copyright © 2026 New River 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.

Investment Insights

Based on property information with market context.

This 640-square-foot mixed-use building has an open main room, a separate bedroom or office, and one full bathroom. A covered porch spans the front, and the exterior features metal roofing and siding. Built in 1950, the wood-frame property has LVP flooring, ductless heating, and public water.

The 2.75-acre parcel is mostly steep woodland. The property sits at the corner of Rte 460 and Mays Hollow Road, about 15 minutes from Blacksburg. PB-1 zoning accommodates commercial and residential use.

Key Highlights

  • 640‑square‑foot building with an open room, bedroom or office, and full bathroom
  • PB‑1 zoning allows commercial and residential use
  • 2.75 acres, primarily steep woodland

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 24136, VA

3,259
Population
1,720
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
86%
High-School Grad
34.5 sq mi
ZIP Area
94
Density / Sq Mi
$67,889
Median Household Income
$45,211
Median Earnings
$773
Median Rent
$162,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - PB-1 zoning supports both commercial and residential occupancy.
Where is this mixed-use property located?
The property is located at 101 Mays Hollow Road Pembroke, VA.
What is the asking price?
The asking price for this property is $194,500.
What are key features of this property?
This property features: 640‑square‑foot building with an open room, bedroom or office, and full bathroom; PB‑1 zoning allows commercial and residential use; 2.75 acres, primarily steep woodland
More about this property
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