Five-Building Mixed-Use
For Sale
$11,875,000
Pending
702 University City Boulevard, Blacksburg, VA 24060
COMMERCIAL - Blacksburg, VA
Property SizeContact for details
Lot Size4.60 Acres
Days on Market1074
Property Features for 702 University City Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school
Gilbert Linkous
Middle school
Blacksburg
High school
Blacksburg
Elementary school district
Montgomery County
Middle school district
Montgomery County
High school district
Montgomery County
Directions
Prices Fork Road to University City Boulevard
Subdivision
Blacksburg (In Town Limits)
Standard status
Pending
Lot size
4.60 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
University Mall Parcels B-1, B-2B, B-3
Tax Annual Amount
121920
Legal Description
University Mall Parcels B-1, B-2B, B-3
Building Details
Year built
1990
Listing Agency:
Coldwell Banker Townside Bburg · Coldwell Banker Real Estate
(540) 552-6500
Listed By:
Mike Eggleston
(540) 230-2727
Added: Aug 29, 2023
Changed: Aug 4
Last Checked: Aug 6 at 1:06AM
MLS# 419022
Copyright © 2026 New River Valley Association of 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 mixed-use property comprises three parcels totaling 4.6 acres and includes five buildings constructed in 1990. The improvements accommodate a varied commercial and residential configuration with office areas, retail space, a daycare operation, and apartments. Parking is available across the property, supporting the multiple existing uses.
The buildings are located at 702, 810, 820, 840, and 844 University City Blvd. Virginia Tech can be reached by a short walk or bus ride. Recorded average daily traffic was 8,300 in 2021 and 8,800 in 2018. The property carries a General Commercial zoning designation in Blacksburg, Virginia.
The buildings are located at 702, 810, 820, 840, and 844 University City Blvd. Virginia Tech can be reached by a short walk or bus ride. Recorded average daily traffic was 8,300 in 2021 and 8,800 in 2018. The property carries a General Commercial zoning designation in Blacksburg, Virginia.
Key Highlights
- 4.6‑acre assemblage spanning three parcels
- Five mixed‑use buildings constructed in 1990
- Existing office, retail, daycare, and apartment components
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Explore this area
Business Placement
Demographics for 24060, VA
46,755
Population
22,797
Households
2.1
Avg Household Size
28
Median Age
63%
College-Educated
98%
High-School Grad
130.8 sq mi
ZIP Area
357
Density / Sq Mi
$63,496
Median Household Income
$31,827
Median Earnings
$1,266
Median Rent
$412,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - The assemblage combines office, retail, daycare, and apartment space within a General Commercial zoning designation.
Where is this mixed-use property located?
The property is located at 702 University City Boulevard Blacksburg, VA.
What is the asking price?
The asking price for this property is $11,875,000.
What are key features of this property?
This property features: 4.6‑acre assemblage spanning three parcels; Five mixed‑use buildings constructed in 1990; Existing office, retail, daycare, and apartment components
