920 Magnolia Ln, Christiansburg, VA 24073
Self-storage facility with expansion potential near Virginia Tech.
- Added:
- Mar 4, 2026
- Days on Market:
- 115
- Last Refresh:
- Mar 16 at 2:32 pm
Property Features for 920 Magnolia Ln
General Information
- Standard status
- Active
- Size
- 16,127 SF
- Property subtype
- Self Storage
Building Details
- Year Built
- 1980
Listing office Matthews
Listing date Mar 4, 2026
Source Crexi
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 Matthews
HighLights
- Value‑Add Self‑Storage Opportunity
- Includes Expansion Land
- Located Near Virginia Tech
- Located Near Radford
- Self‑Storage Property
- Built in 1980
Overview
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.2k | $14.40 |
| − Vacancy | −$11.6k | −$0.72 |
| EGI | $220.6k | $13.68 |
| − OpEx | −$66.2k | −$4.10 |
| NOI | $154.4k | $9.58 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Christiansburg
- County
- Montgomery
- State
- Virginia
- Longitude
- -80.5033894
- Latitude
- 37.1909125
