110 Professional Park Dr, Blacksburg, VA 24060
This 1,632 square foot Class B medical office condo, located at 110 Professional Park Dr, Blacksburg, VA 24060, is available for $375,000 ($229.78/sq ft). The property, built in 1984 and renovated in 2020, is situated on a single story building within a professionally managed complex. Currently vacant, the space is ready for immediate occupancy on August 1, 2024. Zoned O, this single-unit property offers a versatile layout suitable for various medical or retail uses. Its prime location in Blacksburg, Montgomery County, offers convenient access to Virginia Tech and HCA Lewis Gale Hospital, ensuring high visibility and potential clientele. Ample parking is available for staff and clients. The property's impeccable condition and desirable location make it a unique investment opportunity in the thriving New River Valley. The building features attentive maintenance staff. This is a rare opportunity to acquire a well-maintained, renovated medical office condo in a high-demand area. The property is suitable for a solo practitioner or a group seeking expansion.
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Eye Care & Surgery, P.C. Eye Care Center Contact Lenses Supplier
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Blue Ridge Optical Ophthalmologist (Bike/Boat/Book/etc) Store
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Dr. David J. Hedges, MD Ophthalmologist
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Precision Eyewear Inc Ophthalmologist (Bike/Boat/Book/etc) Store
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Dr. Patrick Bradley Ophthalmologist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.