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Industrial Property with Open Space
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2945 Orange Ave NE, Roanoke, VA 24012

Industrial-zoned property featuring 6,000 SF of mostly open space.

Property Size6,000 SF
Lot Size0.93 Acres
Price / SF$125
Days on Market1342

Property Features for 2945 Orange Ave NE

General Information

Standard status Active
Size 6,000 SF
Lot size 0.93 Acres
Property subtype Industrial
Zoning I-1
Lease Type Modified Gross
Investment Type Redevelopment

Building Details

Year Built 1978
Year Renovated 2019
Tenancy Multi
Listing Agency: Poe & Cronk Real Estate
Listed By: Trent Weaver · License #VA
Source: Crexi
Added: Dec 29, 2022 Changed: Aug 14 Last Checked: Sep 1 at 7:16AM

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 Poe & Cronk Real Estate

Investment Insights

Based on property information with market context.

The property features 0.93 acres of industrial-zoned land and includes a 6,000 SF building with mostly open space. The location benefits from a high traffic count and proximity to Statesman Industrial Park. The property is currently fully leased to two short-term tenants.

Key Highlights

  • Prime industrial‑zoned property (.93 acres)
  • High‑traffic location
  • Close proximity to Statesman Industrial Park

Property Analytics

Current Use

We Fix Mowers General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy HVAC Service Hair Salon

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

239
Businesses Nearby
Under-served
Demand for This Use

Demographics for 24012, VA

30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value

Market

Vacancy Rate% for Industrial in Roanoke, VA

5.4% 2019
5.3% 2020
5.9% 2021
3.1% 2022
2.2% 2023
2.4% 2024
3.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Industrial-zoned property featuring 6,000 SF of mostly open space.
Where is this flex space located?
The property is located at 2945 Orange Ave NE Roanoke, VA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime industrial‑zoned property (.93 acres); High‑traffic location; Close proximity to Statesman Industrial Park
(540) 204-4935 Call to check price and availability
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