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Flexible Industrial Space
For Lease
$7 SF/Yr

2945 Orange Ave NE, Roanoke, VA 24012

Open-plan building supports tenant-specific partitioning, with bathrooms, new HVAC, and a grade-level overhead door.

Space Size4,400 SF
Property Size8,986 SF
Days on Market25

Property Features for 2945 Orange Ave NE

General Information

Standard status Active
Size 4,400 SF
Net Rentable 4,400 SF
Property subtype Industrial
Zoning Light Industrial
Lease Term NN

Space & Availability

Available Space 4,400 SF
Contiguous Space 4,400 SF
Divisible Yes

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 1

Amenities

2 sets of bathrooms
new HVAC system

Building Details

Building Size 8,986 SF
Year Built 1978

Spaces For Lease

at 2945 Orange Ave NE Contact us

Space 1 $7/SF/Yr

Size
4,400 SF
Type
Flex Space
Term
36 months
Contact us
Listing Agency: Poe & Cronk Real Estate
Listed By: Peter Ostaseski, CCIM
Source: Poecronk
Added: Aug 2 Changed: Aug 23 Last Checked: Aug 25 at 5:56AM

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 Poe & Cronk Real Estate

Investment Insights

Based on property information with market context.

This 4,400-SF flex property offers an open interior that can be divided according to a tenant’s specifications. The building measures 50 feet wide by 88 feet long and includes two sets of bathrooms, a new HVAC system, and a grade-level overhead door. Built in 1978, the space provides a straightforward industrial configuration for a customized layout.

The property is located at 2945 Orange Ave NE in Roanoke, Virginia, along Route 460 and across from Statesman Industrial Park. It is zoned Light Industrial and is available for rent.

Key Highlights

  • 4,400 SF open‑plan flex space
  • 50 ft. wide x 88 ft. long building footprint
  • Interior can be partitioned to Tenant’s specs

Property Analytics

Current Use

We Fix Mowers General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy HVAC Service Hair Salon

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

1
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24012, VA

30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$11.05 /SF/Yr
Avg Asking Price
$7–$15 /SF/Yr
Price Range
6,328 SF
Avg Space Size

This space is priced 37% below the average of $11.05 /SF/Yr.

Vacancy Rate% for Industrial in Roanoke, VA

5.4% 2019
5.3% 2020
5.9% 2021
3.1% 2022
2.2% 2023
2.4% 2024
3.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Open-plan building supports tenant-specific partitioning, with bathrooms, new HVAC, and a grade-level overhead door.
Where is this flex space located?
The property is located at 2945 Orange Ave NE Roanoke, VA.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 4,400 SF open‑plan flex space; 50 ft. wide x 88 ft. long building footprint; Interior can be partitioned to Tenant’s specs
More about this property
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