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Auto Shop Property With Residence
For Sale
$649,900

907 Magnolia Lane, Christiansburg, VA 24073

Commercial, Christiansburg, VA

Property SizeContact for details
Lot Size2.50 Acres
Days on Market46

Property Features for 907 Magnolia Lane

General Information

Property type Commercial Sale
Property subtype Other
Elementary school Belview
Middle school Christiansburg
High school Christiansburg
Elementary school district Montgomery County
Middle school district Montgomery County
High school district Montgomery County
Directions From Blacksburg, head west on Prices Fork, turn right on Magnolia Ln. Property is on the Left.
Subdivision Montgomery County
Standard status Active
Lot size 2.50 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description PAYTON GALLIMORE EST SW PT LOTS 4,5
Tax Annual Amount 2981
Legal Description PAYTON GALLIMORE EST SW PT LOTS 4,5

Utilities

Heating system Heat Pump (Heating)
Cooling system Window Unit(s), Central Air
Water source Public

Amenities

detached two-car garage
three-bay garage and workshop
single-wide rental unit
two parking lots
partially finished basement

Building Details

Year built 2004
Flooring type Concrete
Listing Agency: RE/MAX 8 - Blacksburg · RE/MAX International
Listed By: Jake Hinson
Added: Jul 7 Changed: Aug 19 Last Checked: Aug 21 at 9:06PM
MLS# 427956

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 auto shop property at 907 Magnolia Lane combines a recently renovated residence with several garage and workshop improvements. The home includes three bedrooms, two and a half bathrooms, and a partially finished basement. Automotive space includes a detached two-car garage and a separate three-bay garage with workshop area. A single-wide and two parking lots add further on-site components.

The property is in Christiansburg, Virginia, within Montgomery County. Building systems include heat-pump heating, central air, and window-unit cooling, with public water serving the site. The residence and accessory improvements were built in 2004, with concrete flooring identified among the property features.

Key Highlights

  • 2.5‑acre property in Christiansburg, VA
  • Recently renovated residence with 3 bedrooms and 2.5 bathrooms
  • Detached 2‑car garage plus separate 3‑bay garage and workshop

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Storage Facility Department 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

3
Service bays

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Renovated residence accompanies multiple garage improvements, a workshop, a single-wide, and two parking areas.
Where is this auto shop located?
The property is located at 907 Magnolia Lane Christiansburg, VA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 2.5‑acre property in Christiansburg, VA; Recently renovated residence with 3 bedrooms and 2.5 bathrooms; Detached 2‑car garage plus separate 3‑bay garage and workshop
More about this property
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