Property profile

100 Market Center Way Daleville, VA 24083

OFF-MARKET
Retail properties & Spaces
7,350 SF Built 2023
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Property summary

AI-generated overview

This exceptional 1,300 square foot executive office space is part of the new Orchard Marketplace in Daleville, Virginia, a thriving commercial development. Located at 100 Market Center Way, this Class A, 2023-built property offers high visibility from Route 220, boasting over 27,000 AADT. The space is situated within a vibrant shopping center anchored by Food Lion, and neighbors include Dunkin’ Donuts, Jersey Mike’s Subs, and Ivy Rehab Physical Therapy, ensuring high foot traffic and strong synergy. A new Roadrunner Express car wash adjacent to the property further enhances visibility and accessibility. The building features one story and no elevators. This is a single remaining space in a building totaling 7,350 square feet, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 5,400 square feet. The overall development benefits from its location within Daleville (Botetourt Co.), a rapidly growing area with affluent demographics, strong job growth (including a 10.5% increase in manufacturing jobs since 2016), and significant economic development investment (over $250 million since 2016 across ten major projects). The average household income within a one-mile radius exceeds $133,000, and over 1,500 residential units are planned for the area. The property's location within a newly established gateway overlay zoning district streamlines approvals for commercial development, ensuring a smooth and efficient leasing process. This space is ideal for businesses seeking a high-profile location in a rapidly expanding market. The zip code is 24083.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2023
Total area 7,350 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Credit Union

Location

100 Market Center Way Daleville, VA 24083
Daleville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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