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Property profile & analytics
FOR SALE
Churches & religious facilities

135 Scattergood Dr NW Christiansburg, VA 24073

35,000 SF Built 2022
Property ID
US87-1435176
135 Scattergood Dr NW, Christiansburg, VA 24073 For Sale
$7,000,000 35,000 SF
135 Scattergood Dr NW, Christiansburg, VA 24073
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Property summary
AI-generated overview

Investment Opportunity 135 Scattergood Drive presents a unique institutional-quality facility in the heart of the Blacksburg market, minutes from Virginia Tech, one of the largest research universities in the United States. Originally developed as a high-end worship and assembly facility, the property features a large amphitheater-style auditorium with advanced sound, lighting, and presentation technology, making it ideal for a wide range of adaptive reuse opportunities including educational, corporate, event, or community uses. The property also features an active coffee shop, providing an on-site café amenity that serves both tenants and visitors. Large executive offices, owners apartment with luxury fixtures and elevated deck space. The flexible layout includes large gathering spaces, classrooms, meeting rooms, and administrative areas, allowing for immediate use or repositioning. For investors or institutional users seeking scale, the property may be combined with the neighboring properties at 77 and 125 Scattergood Drive, creating a multi-building campus suitable for education, corporate headquarters, nonprofit organizations, innovation labs, or mixed-use redevelopment. Portfolio Opportunity 135 Scattergood Drive may be acquired individually or as part of a three-building Scattergood Drive portfolio, including: 77 Scattergood Drive – flexible commercial building suitable for medical, education, or office use 125 Scattergood Drive – additional commercial office, retail or institutional space 135 Scattergood Drive – large assembly facility with auditorium and café, full kitchen, warehouse/storage, owners suite and executive offices. Together, the properties create a rare multi-building campus environment in Blacksburg, capable of supporting education, medical, research, nonprofit, or technology-oriented users, or repurposed for expanding retail with the adjacent large feeder neighborhoods.

Property profile
Verified
Property type Churches & religious facilities
Year built 2022
Total area 35,000 SF
UPID US87-1435176
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Graceway Ministries Church
  • Brew Da Bean Cafe & Coffee Shop
  • Scattergood Church Church Mosque
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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