Roanoke, VA Shopping Centers for Sale

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Updated: Oct 25, 2023

52,700 SF Retail Center For Sale

3412-3436 Orange Ave NE, Roanoke, VA

$7,325,000

52,700 sqft 6.18 AC lot

High‑traffic corridor location
Approximately 52,700 sq. ft. retail center
Well maintained
Three national tenants in the center
New video security system installed in 2023

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Updated: Sep 13, 2023

52,700 SF Retail Center

3424 Orange Ave NE, Roanoke, VA 24012

$7,325,000

52,700 sqft

High‑traffic corridor location
Approximately 52,700 sq. ft. retail center
Three national tenants in the center
Well maintained
New video security system installed in 2023

View details

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Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 2 Active listings in Roanoke, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Retail Center Near Amazon

2604 West Main Street, Waynesboro, VA 22980

Contact for pricing

51,269 sqft

Retail spaces available in a renovated center with high traffic.

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Out-Parcel Retail Strip Center

4010 Wards Rd, Lynchburg, VA 24502

Contact for pricing

12,727 sqft

Out-parcel strip center is fully occupied with a mix of strong retail tenants positioned along Wards Road.

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Multi-Tenant Commercial Building For Sale

4890 Fort Ave, Lynchburg, VA 24502

$450,000

Commercial building with high visibility, access, and parking for sale.

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Retail Center Near Walmart Entrance

109 Lucy Ln, Waynesboro, VA 22980

Contact for pricing

4,000 sqft

Retail spaces available in established shopping center near Walmart.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land

Virginia Avenue, Martinsville, VA 24112

$675,000

8.75 AC lot

8.75-acre commercial parcel beside Friedrichs Eye Center, recently staked, with access along Virginia Avenue in Martinsville.

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Prime Commercial Land For Sale

000 Virginia Avenue, Martinsville, VA 24112

$675,000

Commercial land for shopping center between Collinsville & Martinsville.

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Divisible Commercial Land with Interstate Frontage

1300 RICHMOND AVE, Staunton, VA 24401

$6,250,000

50.00 AC lot

B-2 general business land totaling 50 acres, with nearly 1-mile I-81 frontage and easy access at I-81/I-64.

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Commercial Land with I-64 Visibility

200 SHENANDOAH VILLAGE DR, Waynesboro, VA 22980

$4,500,000

11.00 AC lot

Pad site(s) with line-of-sight visibility from I-64 near major retail anchors.

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Off-Market Properties in Roanoke, VA

Consider similar Off-Market properties in Roanoke, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOPPING CENTER, STRIP CENTER

7240 Williamson Rd, Roanoke, VA 24019-4264

Unit 7234

$1,005,000

Estimated value

35,545 sqft 4.04 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2061 Electric Rd, Roanoke, VA 24018-1937

Unit 2071

$5,385,000

Estimated value

49,881 sqft 3.48 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3565 Electric Rd, Roanoke, VA 24018-4449

Value Estimation by Request

14,348 sqft 0.93 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3901 Brambleton Ave, Roanoke, VA 24018-6402

Unit 3955

$2,270,000

Estimated value

79,909 sqft 15.59 AC lot

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SHOPPING CENTER, STRIP CENTER

3260 Electric Rd, Roanoke, VA 24018-6400

Value Estimation by Request

10,500 sqft 1.00 AC lot

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SHOPPING CENTER, STRIP CENTER

5044 Keagy Rd, Roanoke, VA 24018-2207

Value Estimation by Request

10,526 sqft 14.61 AC lot

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SHOPPING CENTER, STRIP CENTER

3549 Electric Rd, Roanoke, VA 24018-4400

Value Estimation by Request

7,998 sqft 0.58 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

5350 Clearbrook Vlg Ln, Roanoke, VA 24014-6606

$1,345,000

Estimated value

187,130 sqft 29.96 AC lot

View details

SHOPPING CENTER, STRIP CENTER

4702 Starkey Rd, Roanoke, VA 24018-8508

Value Estimation by Request

6,949 sqft 2.26 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3524 Electric Rd, Roanoke, VA 24018-4453

Unit 3576

$925,000

Estimated value

28,000 sqft 4.60 AC lot

View details

SHOPPING CENTER, STRIP CENTER

4082 Electric Rd, Roanoke, VA 24018-0613

$795,000

Estimated value

34,484 sqft 3.42 AC lot

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SHOPPING CENTER, STRIP CENTER

5528 Williamson Rd, Roanoke, VA 24012-1440

Value Estimation by Request

9,956 sqft 1.00 AC lot

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SHOPPING CENTER, STRIP CENTER

5524 Williamson Rd, Roanoke, VA 24012-1448

Value Estimation by Request

9,368 sqft 1.00 AC lot

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Lifestyle centers

4210 Franklin Rd, Roanoke, VA 24014

Value Estimation by Request

166,207 sqft 15.20 AC lot

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Lifestyle centers

1287-1445 Towne Square Blvd, Roanoke, VA 24012

Value Estimation by Request

302,135 sqft

View details

Lifestyle centers

1351 Hershberger Rd, Roanoke, VA 24012

Value Estimation by Request

152,000 sqft

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Neighborhood centers

2022 Electric Rd, Roanoke, VA 24018

Value Estimation by Request

80,163 sqft

View details

Lifestyle centers

2911 Hershberger Rd, Roanoke, VA 24017

Value Estimation by Request

117,726 sqft 10.99 AC lot

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SHOPPING CENTER, STRIP CENTER

6449 Williamson Rd, Roanoke, VA 24019-4627

Unit 6435

$765,000

Estimated value

36,250 sqft 3.08 AC lot

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SHOPPING CENTER, STRIP CENTER

6419 Williamson Rd, Roanoke, VA 24019-4627

Unit 6431

Value Estimation by Request

10,800 sqft 1.39 AC lot

View details

SHOPPING CENTER, STRIP CENTER

6619 Williamson Rd, Roanoke, VA 24019-4658

$980,000

Estimated value

51,280 sqft 3.87 AC lot

View details

SHOPPING CENTER, STRIP CENTER

3940 Vly Gtwy Blvd, Roanoke, VA 24012-6856

$510,000

Estimated value

14,962 sqft 2.53 AC lot

View details

Roanoke, VA Shopping Centers Market Trends and Statistics

Explore 31 shopping centers for sale in Roanoke, VA on our real estate platform. These investment opportunities span a total of 105,400 square feet of properties for sale, with an estimated market value of $14,650,000.

Sale prices for plazas in Roanoke, VA start at $7,325,000, averaging $7,325,000, and reaching up to $7,325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 171K

Population Growth (5Y) +9.4%

Median Household Income $66,063

College Educated 10.0%

High-Yield Neighborhoods for Investment

Identify Roanoke submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
24017	$6.2M
24012	$7.3M

Taxes & Financing

Tax Rate (average for all types) 1.05%

Property Tax per SF $16.57 per SF

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Roanoke fall within the Under 2,500 square foot range.

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Roanoke, VA Shopping Centers for Sale

3412-3436 Orange Ave NE, Roanoke, VA

3424 Orange Ave NE, Roanoke, VA 24012

Opportunities in Nearby Cities

2604 West Main Street, Waynesboro, VA 22980

4010 Wards Rd, Lynchburg, VA 24502

4890 Fort Ave, Lynchburg, VA 24502

109 Lucy Ln, Waynesboro, VA 22980

Potential Development Sites for Consideration

Virginia Avenue, Martinsville, VA 24112

000 Virginia Avenue, Martinsville, VA 24112

1300 RICHMOND AVE, Staunton, VA 24401

200 SHENANDOAH VILLAGE DR, Waynesboro, VA 22980

Off-Market Properties in Roanoke, VA

7240 Williamson Rd, Roanoke, VA 24019-4264

2061 Electric Rd, Roanoke, VA 24018-1937

3565 Electric Rd, Roanoke, VA 24018-4449

3901 Brambleton Ave, Roanoke, VA 24018-6402

3260 Electric Rd, Roanoke, VA 24018-6400

5044 Keagy Rd, Roanoke, VA 24018-2207

3549 Electric Rd, Roanoke, VA 24018-4400

5350 Clearbrook Vlg Ln, Roanoke, VA 24014-6606

4702 Starkey Rd, Roanoke, VA 24018-8508

3524 Electric Rd, Roanoke, VA 24018-4453

4082 Electric Rd, Roanoke, VA 24018-0613

5528 Williamson Rd, Roanoke, VA 24012-1440

5524 Williamson Rd, Roanoke, VA 24012-1448

4210 Franklin Rd, Roanoke, VA 24014

1287-1445 Towne Square Blvd, Roanoke, VA 24012

1351 Hershberger Rd, Roanoke, VA 24012

2022 Electric Rd, Roanoke, VA 24018

2911 Hershberger Rd, Roanoke, VA 24017

6449 Williamson Rd, Roanoke, VA 24019-4627

6419 Williamson Rd, Roanoke, VA 24019-4627

6619 Williamson Rd, Roanoke, VA 24019-4658

3940 Vly Gtwy Blvd, Roanoke, VA 24012-6856

Roanoke, VA Shopping Centers Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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