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Flex Building with Warehouse Bays
New
For Lease
$10 SF/Yr

3768 Peters Creek Road, Roanoke, VA 24018

Finished offices, three restrooms, drive-in access, and CG zoning support a range of commercial operations.

Space Size3,840 SF
Days on Market3

Property Features for 3768 Peters Creek Road

General Information

Standard status Active
Size 3,840 SF
Class C
Property subtype Office - Flex - Office
Zoning CG

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Flex
Drive-In Doors 2

Building Details

Building Size 3,840 SF
Units 1

Spaces For Lease

at 3768 Peters Creek Road Contact us

Warehouse/Office Flex $10/SF/Yr

Size
3,840 SF
Type
Flex - Office
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Waldvogel Commercial Properties
Listed By: Michael Waldvogel, CCIM, SIOR · License #0225079460
Source: Commercialcafe
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 9:01AM

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 Waldvogel Commercial Properties

Investment Insights

Based on property information with market context.

This flex building combines two warehouse areas with finished office space, three restrooms, two drive-in bay doors, and on-site parking. CG zoning is in place, and the property is suited to commercial, retail, service, and workshop uses identified in the listing information.

Located on Peters Creek Road near Brandon Avenue, the property benefits from road frontage and an AAWDT of 20,000 vehicles. Commercial and industrial businesses surround the site, with nearby residential communities. LewisGale Medical Center and the Salem VA Medical Center are less than 10 minutes away, while Salem, Downtown Roanoke, I-581 access, and I-81 access are approximately 15 minutes or less from the property.

Key Highlights

  • Two warehouse spaces within a flexible commercial building
  • Two drive‑in bay doors for warehouse access
  • Finished office area with three restrooms

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Parts Store Spa & Massage Center Auto Repair Shop

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

2
Drive-in doors
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24018, VA

39,144
Population
17,546
Households
2.2
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
42.8 sq mi
ZIP Area
915
Density / Sq Mi
$90,383
Median Household Income
$53,350
Median Earnings
$1,221
Median Rent
$327,600
Median Home Value

Market

Lease Benchmarks for Roanoke, VA

$11.31 /SF/Yr
Avg Asking Price
$7–$15 /SF/Yr
Price Range
6,281 SF
Avg Space Size

This space is priced 12% below the average of $11.31 /SF/Yr.

Vacancy Rate% for Office in Roanoke, VA

5% 2019
6% 2020
7.5% 2021
7% 2022
7.6% 2023
5.6% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Finished offices, three restrooms, drive-in access, and CG zoning support a range of commercial operations.
Where is this flex space located?
The property is located at 3768 Peters Creek Road Roanoke, VA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Two warehouse spaces within a flexible commercial building; Two drive‑in bay doors for warehouse access; Finished office area with three restrooms
More about this property
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