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Industrial Property with Open Space
For Sale
$750,000

2945 Orange Avenue NE, Roanoke, VA 24012

Industrial-zoned property featuring 6,000 SF of mostly open space.

Property Size8,986 SF
Lot Size0.93 Acres
Price / SF$125
Days on Market206

Property Features for 2945 Orange Avenue NE

General Information

Standard status Active
Size 8,986 SF
Lot size 0.93 Acres
Property subtype Industrial - Showroom - Industrial

Building Details

Building Size 8,986 SF
Year Built 1978
Year Renovated 2019
Units 2
Listing Agency: Poe & Cronk Real Estate Group
Listed By: Peter Ostaseski, CCIM · License #0225087580
Source: Commercialcafe
Added: Mar 26 Changed: Oct 16 Last Checked: Oct 16 at 6:19AM

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 Group

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Investment Insights

Based on property information with market context.

The property features 0.93 acres of industrial-zoned land and includes a 6,000 SF building with mostly open space. The location benefits from a high traffic count and proximity to Statesman Industrial Park. The property is currently fully leased to two short-term tenants.

Key Highlights

  • Prime industrial‑zoned property (.93 acres)
  • High‑traffic location
  • Close proximity to Statesman Industrial Park

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Flex space - Industrial-zoned property featuring 6,000 SF of mostly open space.
Where is this flex space located?
The property is located at 2945 Orange Avenue NE Roanoke, VA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime industrial‑zoned property (.93 acres); High‑traffic location; Close proximity to Statesman Industrial Park
More about this property
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