Elevator-Served Second-Floor
125 SCATTERGOOD DR NW Christiansburg, VA 24073
125 SCATTERGOOD DR NW, Christiansburg, VA, 24073
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For Sale
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Professionally maintained, elevator-served second-floor office space with ample parking and regional access in Christiansburg.
Property Size17,000 SF
Price / SF$294.12
Days on Market41
Property Features for 125 SCATTERGOOD DR NW
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Property subtype
- Office, Mixed Use, Special Purpose
Building Details
- Year Built
- 2022
Listing agency
Elliott Inc.
(540) 357-2084
Listed by
Carmen Elliott · License #VA 0225247701
Source
Crexi
Added: Jun 12 Updated: Jul 22 at 5:31AM Checked: Jul 22 at 5:31AM
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 Elliott Inc.
Investment Insights
Based on property information with market context.
125 Scattergood Drive offers 4,000–8,650 SF of second-floor professional office space within an elevator-served, professionally maintained building. The layout is suited to medical, administrative, or general office users, with a focus on visibility, accessibility, and parking.
The property is located just off North Franklin Street and is minutes from Route 460 and I-81, providing convenient access to Christiansburg, Blacksburg, and the broader Roanoke submarket. It also offers proximity to major retail and service amenities.
The building is positioned along one of Christiansburg’s strongest commercial corridors and is designed to support both staff and patients or clients with convenient parking and easy access to the regional road network.
The property is located just off North Franklin Street and is minutes from Route 460 and I-81, providing convenient access to Christiansburg, Blacksburg, and the broader Roanoke submarket. It also offers proximity to major retail and service amenities.
The building is positioned along one of Christiansburg’s strongest commercial corridors and is designed to support both staff and patients or clients with convenient parking and easy access to the regional road network.
Key Highlights
- Built in 2022, professionally maintained second‑floor office space in Christiansburg
- Offers 4,000–8,650 SF of well‑positioned professional office space on the second floor
- Elevator‑served building designed for medical, administrative, or general office users
Local Financial Insights For Healthcare Medical
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 | $528.4k | $31.08 |
| − Vacancy | −$95.1k | −$5.59 |
| EGI | $433.3k | $25.49 |
| − OpEx | −$173.3k | −$10.19 |
| NOI | $260.0k | $15.29 |
17,000 SF · lease $31.08/SF/yr · vacancy 18.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.71M
$3.25M – $4.33M
NOI $259,953 @ 7.0% cap · market cap 5.20%
Second Best
Office B
$2.97M
$2.60M – $3.46M
NOI $207,762 @ 7.0% cap · market cap 4.16%
Theoretical Best
Flex RnD
$4.02M
$3.52M – $4.69M
NOI $281,616 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Christiansburg Grace A Child ...
High School
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FAQs
What type of property is this?
Office units - Professionally maintained, elevator-served second-floor office space with ample parking and regional access in Christiansburg.
Where is this office units located?
The property is located at 125 SCATTERGOOD DR NW Christiansburg, VA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Built in 2022, professionally maintained second‑floor office space in Christiansburg; Offers 4,000–8,650 SF of well‑positioned professional office space on the second floor; Elevator‑served building designed for medical, administrative, or general office users
