Listing Agency: Hall Associates, Inc Show Phone

Listed By: Gavin Hollingsworth · License #0225233452 Show Phone

Source: Moodyscre

Added: May 26 Changed: Sep 2 Last Checked: Sep 7 at 11:33AM

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Investment Insights

Based on property information with market context.

This brick warehouse on a corner site features a tin roof and two exterior loading docks supporting distribution, storage, or service use. The property includes upgraded electrical and HVAC, along with roof improvements and professional encapsulated asbestos.

The site is located on a busy highway in growing Botetourt County and is just minutes from Interstate 81, offering visibility, access, and signage potential.

In addition to the warehouse space, the building offers 3 bedroom and 2 bathroom living quarters with a full kitchen, rooftop deck, and an open-air courtyard. The configuration can accommodate an on-site manager space and may support live/work use for the right operator.

Key Highlights

• 2+ acre corner site in Troutville, VA just minutes from I‑81 on a busy highway in Botetourt County
• Brick building with tin roof plus upgraded electrical, HVAC, and roof systems
• Professional encapsulated asbestos reported

Property Analytics

Current Use

The Vintage Schoolhouse Home Decor Store

Suggested Use

Top Pick HVAC Service Dental Office Electrical Service Real Estate Agency Cafe & Coffee Shop Veterinary Clinic

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

76

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 24175, VA

8,165

Population

3,540

Households

2.3

Avg Household Size

47

Median Age

28%

College-Educated

96%

High-School Grad

80.4 sq mi

ZIP Area

102

Density / Sq Mi

$81,931

Median Household Income

$42,096

Median Earnings

$947

Median Rent

$274,300

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Brick warehouse on a corner site with two exterior loading docks and upgraded electrical, HVAC, and roof systems.

Where is this flex space located?

The property is located at 5383 Lee Hwy Troutville, VA.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: 2+ acre corner site in Troutville, VA just minutes from I‑81 on a busy highway in Botetourt County; Brick building with tin roof plus upgraded electrical, HVAC, and roof systems; Professional encapsulated asbestos reported