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Medical Office Building
For Sale
$429,000

2504 Valley Ridge Rd, Covington, VA 24426

Commercial/Industry, Covington, VA

Property Size3,593 SF
Price / SF$119.40
Days on Market70

Property Features for 2504 Valley Ridge Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning Residential
Zoning description Residential
Bathrooms 2
Half bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Directions From Interstate 64 Exit 16 travel east on Valley Ridge road.
Subdivision Alleghany
Standard status Active
APN 058B0-01-000-001A
Size 3,593 SF

Taxes and HOA fees

Tax Description 2504 VALLEY RIDGE RD COVINGTON VA 24426 Description 1: 1.1 AC VALLEY RIDGE DIALYSIS CLINIC Zoning: R2 Acres: 1.1 Election District: JACKSON RIVER
Legal Description 2504 VALLEY RIDGE RD COVINGTON VA 24426 Description 1: 1.1 AC VALLEY RIDGE DIALYSIS CLINIC Zoning: R2 Acres: 1.1 Election District: JACKSON RIVER

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1992
Flooring type Vinyl
Roof type Shingle
Listing Agency: Greenway's Real Estate & Auction Inc
Listed By: George Matthew Garten
Added: Jul 2 Changed: Sep 8 Last Checked: Sep 9 at 1:06AM
MLS# 140133

Copyright © 2026 Rockbridge Highlands 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 3,593-square-foot medical office building was constructed in 1992 and features vinyl flooring throughout the documented interior areas. Heating and cooling are provided by heat-pump systems, while the property has three bathrooms, public water, and public sewer. A shingle roof completes the building’s primary improvements.

The property is located on Valley Ridge Rd in Covington, within Alleghany County. Interstate 64, the YMCA, Alleghany High School, a hospital, and the City of Covington are identified as nearby destinations. The site carries Residential zoning, a material consideration for evaluating future use and occupancy.

Key Highlights

  • 3,593‑square‑foot medical office building
  • Constructed in 1992
  • Three bathrooms and vinyl flooring

Property Analytics

Current Use

DaVita Covington Dialysis Medical Clinic Hassan Honainy Physician

Suggested Use

Top Pick Veterinary Clinic Gym & Fitness Center Hotel & Motel

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
Highway access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby
Well-served
Demand for This Use

Demographics for 24426, VA

13,695
Population
7,249
Households
1.9
Avg Household Size
47
Median Age
13%
College-Educated
91%
High-School Grad
363.7 sq mi
ZIP Area
38
Density / Sq Mi
$51,841
Median Household Income
$34,937
Median Earnings
$808
Median Rent
$113,600
Median Home Value

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
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Similar Off Market Nearby

  • Highlands Veterinary Clinic 2501 Valley Ridge Rd, Covington, VA 24426

Frequently Asked Questions

What type of property is this?
Medical Office Space - The building offers three bathrooms, vinyl flooring, heat-pump systems, and public water and sewer.
Where is this medical office space located?
The property is located at 2504 Valley Ridge Rd Covington, VA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: 3,593‑square‑foot medical office building; Constructed in 1992; Three bathrooms and vinyl flooring
More about this property
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