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Roanoke Executive Park Investment Opportunity
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5306 Peters Creek Rd, Roanoke, VA 24019

Six-building commercial campus with flexible zoning and high visibility.

Property Size54,000 SF
Lot Size5.10 Acres
Price / SF$128.70
Days on Market171

Property Features for 5306 Peters Creek Rd

General Information

Standard status Active
Size 54,000 SF
Class C
Lot size 5.10 Acres
Property subtype Retail, Office, Industrial
Zoning C2
Occupancy 95%
Lease Type NNN
Investment Type Stabilized

Building Details

Year Built 1979
Year Renovated 2024
Buildings 6
Stories 1
Tenancy Multi
Listing Agency: Hall Associates
Listed By: Gavin Hollingsworth · License #0225233452
Source: Crexi
Added: Mar 3 Changed: Aug 13 Last Checked: Aug 21 at 9:04AM

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 Hall Associates

Investment Insights

Based on property information with market context.

Executive Park, located at 5306–5346 Peters Creek Road in Roanoke, Virginia, is a six-building professional office campus totaling approximately 54,000 square feet. The property is situated on just over 5.1 acres along one of Roanoke’s established commercial corridors. Zoned C-2 (General Commercial), the property allows for a broad range of commercial uses including office, medical, retail, service, and other general business applications. The campus-style layout features six standalone buildings designed for multi-tenant or single-building occupancy. Suites offer efficient configurations suitable for professional offices, medical users, and service-based businesses. The expansive 5.1-acre parcel provides ample paved parking, strong internal circulation, and prominent frontage along Peters Creek Road. The property benefits from high visibility along Peters Creek Road, strong daily traffic counts, easy ingress and egress, immediate access to I-581 and I-81, proximity to Downtown Roanoke and surrounding retail corridors, and convenient access to Roanoke-Blacksburg Regional Airport. Executive Park presents an opportunity to acquire a large-scale commercial campus in a high-demand Roanoke corridor, offering flexibility, visibility, and long-term upside potential.

Key Highlights

  • Six buildings totaling ±54,000 SF on ±5.1 acres in a campus setting
  • Located on Peters Creek Road with high visibility, strong traffic counts, and easy access to I‑581 and I‑81
  • Zoned C‑2 (General Commercial) allowing for diverse commercial uses (office, medical, retail, service)

Property Analytics

Current Use

Suburban Propane Propane Supplier CCR Retail Systems Department Store Gentiva Home Healthcare Home Health Care Service Black Caesar Tattoos ... Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Law Firm Restaurant Pharmacy

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

226
Businesses Nearby

Demographics for 24019, VA

27,630
Population
12,373
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
30.2 sq mi
ZIP Area
915
Density / Sq Mi
$75,329
Median Household Income
$46,626
Median Earnings
$1,207
Median Rent
$237,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six-building commercial campus with flexible zoning and high visibility.
Where is this mixed-use property located?
The property is located at 5306 Peters Creek Rd Roanoke, VA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Six buildings totaling ±54,000 SF on ±5.1 acres in a campus setting; Located on Peters Creek Road with **high visibility**, strong traffic counts, and easy access to I‑581 and I‑81; Zoned C‑2 (General Commercial) allowing for diverse commercial uses (office, medical, retail, service)
(540) 982-0011 Call to check price and availability
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