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Medical Office Space Available
For Lease
$25 SF/Yr

825 Davis Street, Blacksburg, VA 24060

9,900 SF medical office space for lease.

Space SizeContact for details
Days on Market273

Property Features for 825 Davis Street

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Richmond
Listed By: Matt Hamilton
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 12 Last Checked: Aug 22 at 12:46PM

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 CBRE - Richmond

Investment Insights

Based on property information with market context.

A 9,900 square foot medical office space is available for lease. The space encompasses a full floor and can be subdivided into units as small as 2,000 square feet. The building offers both building and monument signage opportunities. A dedicated, covered parking lot is available, featuring a parking ratio of 4 spaces per 1,000 square feet. The property is located on the campus of LewisGale Hospital Montgomery.

Key Highlights

  • Located on LewisGale Hospital Montgomery’s campus.
  • 9,900 square foot space, encompassing a full floor.
  • Can be subdivided into units as small as 2,000 square feet.

Property Analytics

Current Use

Gellis Janice E ... Physician Manuel Marrufo Physician LewisGale Physicians Women's ... Medical Clinic Kelly Denise Thomas ... Physician CASEY ALYSON FOLEY Physician

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Nail Salon Pharmacy HVAC Service Building Supply

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
Balanced
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 9,900 SF medical office space for lease.
Where is this medical office space located?
The property is located at 825 Davis Street Blacksburg, VA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located on LewisGale Hospital Montgomery’s campus.; 9,900 square foot space, encompassing a full floor.; Can be subdivided into units as small as 2,000 square feet.
More about this property
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