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 Market1119
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 19
Last Checked: Sep 20 at 3:06AM
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 assemblage includes five buildings across three parcels totaling 4.6 acres. Existing improvements accommodate offices, retail space, daycare operations, and apartments, with parking serving the property. The reported year built is 1990, and the site carries General Commercial zoning.
The buildings are addressed at 702, 810, 820, 840, and 844 University City Boulevard in Blacksburg, Virginia. Reported average daily traffic was 8,300 in 2021 and 8,800 in 2018, providing documented activity along the corridor. The combination of multiple structures, varied existing uses, and substantial land area creates a consolidated commercial property with several established use categories on site.
The buildings are addressed at 702, 810, 820, 840, and 844 University City Boulevard in Blacksburg, Virginia. Reported average daily traffic was 8,300 in 2021 and 8,800 in 2018, providing documented activity along the corridor. The combination of multiple structures, varied existing uses, and substantial land area creates a consolidated commercial property with several established use categories on site.
Key Highlights
- Three parcels totaling 4.6 acres
- Five mixed‑use buildings with offices, retail, daycare, and apartments
- General Commercial zoning
Property Analytics
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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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines office, retail, daycare, and apartment uses under General Commercial zoning.
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: Three parcels totaling 4.6 acres; Five mixed‑use buildings with offices, retail, daycare, and apartments; General Commercial zoning
