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Property profile & analytics
FOR SALE
Commercial real estate

6245 University Park Dr Radford, VA 24141

0.67 ac lot
Entity Owned Free & Clear
Property ID
US87-3206114
Property summary
AI-generated overview

This exceptional 2,280 square foot office building is situated on a 0.67-acre lot at 6245 UNIVERSITY PARK DR, Radford, VA, offering a prime location near Radford University on Lee Highway (Route 11). The property boasts significant curb appeal and a striking foyer, setting a professional tone for any business. The interior features beautifully maintained original woodwork, gleaming hardwood floors, and high 9-foot ceilings. The functional layout includes a full kitchen, two bathrooms, and ample space that can easily be configured for a waiting room, conference room, and up to six individual offices. Abundant parking is provided with 23 spaces. Extensive renovations completed in 2018 included a new metal roof, replacement of all windows, complete electrical and plumbing upgrades, a new HVAC system, new flooring, updated cabinets, and new appliances. Additional storage is available in both a walk-up attic and a basement. This meticulously maintained building presents a rare opportunity for a business seeking a charming, updated, and conveniently located space with excellent visibility and ample parking. The asking price is $399,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.67 ac (29,185 SF)
Zoning code CM1
APN 039-001-0000-030A
UPID US87-3206114
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
  • Compass Behavioral Group Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Shah Development LLC
Shah Development LLC
since 2025
Last sale
$265,000
3 recorded transactions
2025
$265,000
2020
$299,000
2008
$777,000
Zoning & alternative use
CM1 · Radford, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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