Medical Office Building For
95 Ponderosa Dr NE Christiansburg, VA
For Sale
Contact for pricing
Medical office building with approximately 3,219 square feet available.
Property Size3,219 SF
Lot Size0.54 Acres
Price / SF$139.79
Days on Market1115
Property Features for 95 Ponderosa Dr NE
General Information
Standard status
Active
Size
3,219 SF
Lot size
0.54 Acres
Property subtype
OFFICE
Listing Agency:
Hall Associates, Inc
(540) 761-4227
Listed By:
Frank Martin
(540) 761-4227
Source:
Moodyscre
Added: Jul 10, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hall Associates, Inc
Investment Insights
Based on property information with market context.
This is a medical office building offering approximately 3,219 square feet of space.
Key Highlights
- Excellent medical office building
- +/- 3,219 square feet
- Additional property details available
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.3k | $19.68 |
| − Vacancy | −$10.9k | −$3.38 |
| EGI | $52.5k | $16.30 |
| − OpEx | −$13.1k | −$4.07 |
| NOI | $39.3k | $12.22 |
3,219 SF · lease $19.68/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$703.2K
$615.3K – $820.4K
NOI $49,223 @ 7.0% cap · market cap 10.94%
Second Best
Office B
$562.0K
$491.8K – $655.7K
NOI $39,340 @ 7.0% cap · market cap 8.74%
Theoretical Best
Flex RnD
$761.8K
$666.6K – $888.8K
NOI $53,325 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- All For Paws Animal Clinic — 175 Shoppers Way NW, Christiansburg, VA 24073
- Blacksburg Animal Clinic — 3960 S Main St, Blacksburg, VA 24060
- Petco Vaccination Clinic — 180 Conston Ave NW, Christiansburg, VA 24073
- Jones a L — 3960 s main st, blacksburg, va 24060
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office building with approximately 3,219 square feet available.
Where is this medical office space located?
The property is located at 95 Ponderosa Dr NE Christiansburg, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Excellent medical office building; +/- 3,219 square feet; Additional property details available
