135 SCATTERGOOD DR NW, Christiansburg, VA 24073
Institutional-style facility with an amphitheater auditorium and on-site café amenity, suited for educational, corporate, or event use.
- Added:
- Jun 12, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 20 at 2:09 am
Property Features for 135 SCATTERGOOD DR NW
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Property subtype
- Mixed Use, Special Purpose
Building Details
- Year Built
- 2022
Listing agent Carmen Elliott License #VA 0225247701
Listing office Elliott Inc. (540) 357-2084
Listing date Jun 12, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Elliott Inc.
HighLights
- Year built 2022 institutional‑style facility with amphitheater‑style auditorium.
- Advanced sound, lighting, and presentation technology in the auditorium.
- Flexible interior layout with large gathering spaces, classrooms, meeting rooms, and administrative areas.
- On‑site active coffee shop/café amenity for tenants and visitors.
- Large executive offices plus an owners apartment with luxury fixtures and an elevated deck space.
Overview
Located in the Blacksburg market at 135 Scattergood Dr NW, the property is described as minutes from Virginia Tech. It is positioned as a campus opportunity, with the combination of assembly space and supporting rooms intended to serve both organized groups and day-to-day operations.
For buyers and operators, the mix of auditorium technology, gathering and classroom space, executive offices, and dedicated administrative areas offers flexibility for adaptive reuse. The on-site coffee shop can support employee and visitor traffic, while the owners apartment and deck provide private on-site accommodations when needed. This configuration may be particularly relevant for organizations seeking a ready-to-operate facility rather than a ground-up build.
Local Financial Insights For Specialty Retail
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 | $861.0k | $24.60 |
| − Vacancy | −$131.7k | −$3.76 |
| EGI | $729.3k | $20.84 |
| − OpEx | −$182.3k | −$5.21 |
| NOI | $547.0k | $15.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Christiansburg
- County
- Montgomery
- State
- Virginia
- Longitude
- -80.4174373
- Latitude
- 37.1429542
