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Office
Blacksburg, VA 24061
Available Now
$1,800,000
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FOR SALEOffice / Traditional
Cap Rate
3%
NOI
$12,008
Building Size
6,000SF
Ceiling Height / Slab to Slab
5 M
Lot Size
3AC
Year Built
2015
Listing Contacts
AI Property Insights
Distilled from listing data, documents and public records · 30-second read
Class A single-tenant office building in Blacksburg, Virginia, offered at $1,800,000 at a 3.00% cap with $12,008 NOI. The asset is a stabilized investment sale, priced as a traditional sale.
Built in 2015, the 6,000 SF building is a single structure with 8 stories, and sits on a 3-acre lot zoned MX-T. Ceiling height is 5 meters. Parking is paved, with a 6:1 parking ratio. The property is listed at a minimum of 80% occupancy. Ownership is listed as Upstox. The address is Blacksburg, VA 24061.
Why it works
- Class A office, built 2015
- $1,800,000 asking price at a 3.00% cap
- $12,008 NOI, stabilized investment
- 3-acre site zoned MX-T
- Paved parking at a 6:1 ratio
AI-generated. Verify figures, lease terms & zoning before relying on them.
More property details
Parking Info
Paved parking with 6:1 parking ratio
Zoning
MX-T
Earnest Money Deposit
7%
Occupancy
80%
Tenancy
Single Tenant
Currently Leased
No
Investment
Stabilized
Investment Detail
Located at the heart of the city
Sale Type
Traditional Sale
Requested Closing Period
60 days
Due Diligence Period
60 days
Broker Co-op
Yes
Net Rentable
5,882SF
Typical Floor Size
10,400SF
Building FAR
0.34
Property Class
A
No of Buildings
1
No of Stories
8
Ownership
Upstox
Location & transit
Office
Getting around
Buses
Transit data provided by Google. Times and distances are estimates.