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High-Visibility Neighborhood Shopping Center
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7240 Williamson Road, Roanoke, VA 24019

Neighborhood shopping center totaling 53,570 square feet anchored by a mix of national, regional, and local tenants.

Property Size53,570 SF
Price / SF$116.67
Days on Market131

Property Features for 7240 Williamson Road

General Information

Standard status Active
Size 53,570 SF
Total Parking Spaces 246
Property subtype Retail
Zoning C2S - High Intensity Commercial with Special Use
Occupancy 77%
Lease Type NNN
Investment Type Stabilized

Additional Details

Traffic Count 19,000 vehicles/day

Building Details

Year Built 1982
Year Renovated 2005
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Cushman & Wakefield Thalhimer - Roanoke, Virginia
Listed By: Wyatt Poats · License #VA 0225236327
Source: Crexi
Added: Apr 28 Changed: Aug 23 Last Checked: Sep 2 at 10:44PM

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 Cushman & Wakefield Thalhimer - Roanoke, Virginia

Investment Insights

Based on property information with market context.

North Market Village is a 53,570-square-foot neighborhood shopping center in North Roanoke (Roanoke County). The center is anchored by a mix of strong national, regional, and local tenants.

The property benefits from high visibility at the intersection of Williamson Rd and Peters Creek Rd, where traffic is reported at approximately 19,000 VPD.

For sale, North Market Village offers a retail-focused shopping center format within a proven trade area in the Roanoke region, serving as an acquisition option for investors and buyers interested in neighborhood retail occupancy.

Key Highlights

  • Neighborhood shopping center totaling 53,570 SF in North Roanoke (Roanoke County)
  • High‑visibility location at the Williamson Rd at Peters Creek Rd intersection with 19,000 VPD
  • Shopping center anchored by a mix of national, regional, and local tenants

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Auto Parts Store

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

19,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby
Balanced
Demand for This Use

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Brookside Shopping Center 3815 Williamson Rd, Roanoke, VA 24012
  • Market Square North 7210 Williamson Rd, Roanoke, VA 24019

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center totaling 53,570 square feet anchored by a mix of national, regional, and local tenants.
Where is this shopping center located?
The property is located at 7240 Williamson Road Roanoke, VA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Neighborhood shopping center totaling 53,570 SF in North Roanoke (Roanoke County); High‑visibility location at the Williamson Rd at Peters Creek Rd intersection with 19,000 VPD; Shopping center anchored by a mix of national, regional, and local tenants
(540) 767-3008 Call to check price and availability
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