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Retail/Flex Asset in Christiansburg, Virginia
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77 Scattergood Dr NW, Christiansburg, VA 24073

7,500 SF retail/flex building in a visible commercial corridor.

Property Size7,500 SF
Days on Market151

Property Features for 77 Scattergood Dr NW

General Information

Standard status Active
Size 7,500 SF
Property subtype Mixed Use, Retail, Senior Living, Special Purpose
Zoning B3
Investment Type Institutional

Building Details

Year Built 2014
Buildings 1
Stories 1
Units 3
Listing Agency: Elliott Inc.
Listed By: Carmen Elliott · License #VA 0225247701
Source: Crexi
Added: Mar 15 Changed: Aug 8 Last Checked: Aug 8 at 6:35AM

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 Elliott Inc.

Investment Insights

Based on property information with market context.

77 Scattergood Drive is a 7,500 SF retail/flex asset located in Christiansburg, Virginia. The building is part of the three-building Scattergood Drive Commercial Portfolio. It features open-span construction, functional ceiling height, and adaptable floor plates. The property is suitable for retail, medical, service, experiential, or specialty commercial users. The configuration supports flexible demising or single-tenant occupancy. The location is within minutes of Virginia Tech, LewisGale Hospital (HCA), Carilion Clinic, and Interstate 81. The site is positioned in a visible commercial corridor with strong daily traffic and established surrounding tenancy. As part of a coordinated three-asset campus totaling approximately 58,500 SF, 77 Scattergood contributes to multi-asset operational efficiency, tenant clustering strategy (medical/service/experiential), cross-marketing and leasing synergies, and scalable income growth through repositioning. It is located in the primary commercial hub of the New River Valley.

Key Highlights

  • Prime location in Christiansburg, the New River Valley's primary commercial hub
  • Minutes from Virginia Tech, LewisGale Hospital (HCA), Carilion Clinic, and Interstate 81, benefiting from strong demand drivers
  • Adaptable floor plates suitable for retail, medical, service, experiential, or specialty commercial users

Property Analytics

Current Use

Grace a Child High School The Adventure Club Daycare Center

Suggested Use

Top Pick Restaurant Spa & Massage Center Accounting Firm (Bike/Boat/Book/etc) Store Electrical Service HVAC Service

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

268
Businesses Nearby

Demographics for 24073, VA

32,093
Population
14,248
Households
2.3
Avg Household Size
39
Median Age
42%
College-Educated
94%
High-School Grad
89.6 sq mi
ZIP Area
358
Density / Sq Mi
$75,103
Median Household Income
$46,396
Median Earnings
$1,150
Median Rent
$247,200
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 7,500 SF retail/flex building in a visible commercial corridor.
Where is this mixed-use property located?
The property is located at 77 Scattergood Dr NW Christiansburg, VA.
What are key features of this property?
This property features: Prime location in Christiansburg, the New River Valley's primary commercial hub; Minutes from Virginia Tech, LewisGale Hospital (HCA), Carilion Clinic, and Interstate 81, benefiting from strong demand drivers; Adaptable floor plates suitable for retail, medical, service, experiential, or specialty commercial users
(540) 357-2084 Call to check price and availability
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