Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Peters Creek Flex Industrial 3783-3785 Peters Creek Rd 14,600 SF 100% Leased Office Building Roanoke, VA 24018 $1,300,000 ($89.04/SF) 7.03% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Multi-Tenant Office & Warehouse Flex Property
  • Combination of Office and Warehouse Suites
  • Diversified Tenant Mix Providing In-Place Income
  • Approximately ±14,600 SF Building Area
  • Roll-Up Door Access in Warehouse Areas
  • Convenient Access to I-581 and Downtown Roanoke

Executive Summary

Positioned along the well-traveled Peters Creek Road corridor, this commercial property offers users strong visibility, convenient access, and a flexible site layout within one of Roanoke’s established commercial and industrial corridors. Situated on approximately ±1.27 acres, the property provides ample space for a variety of commercial, service, or light industrial uses. 
The site benefits from its strategic location along Peters Creek Road with straightforward access to major transportation routes and surrounding commercial nodes. Its configuration allows for operational flexibility, making it well suited for owner-users, contractors, distribution users, or investors seeking a well-located commercial asset in the Roanoke market. 
The property provides convenient connectivity to Downtown Roanoke, I-581, and other regional commercial corridors while maintaining strong visibility along Peters Creek Road.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
14,600 SF
Building Class
C
Year Built
1978
Price
$1,300,000
Price Per SF
$89.04
Cap Rate
7.03%
NOI
$91,356
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,600 SF
Building FAR
0.26
Lot Size
1.28 AC
Zoning
Commercial General

Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Signage
  • Storage Space

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Go-Forth Services
  • Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Go-Forth Services Services - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,300 SF
  • Office
  • -
  • Now

Centrally located office/flex building along Peters Creek Road and close to the intersection of Brandon Avenue. This space offers approximately 1,300 square feet of office and flex space. The layout is comprised of a reception area, two large offices, storage room and garage. A bay door offers easy access to the back garage/storage area along with a standard doorway. Tenant is responsible for all utilities except Water & Sewer.

Space Size Space Use Condition Available
1st Floor 1,300 SF Office - Now

1st Floor

Size
1,300 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 1,300 SF
Space Use Office
Condition -
Available Now

Centrally located office/flex building along Peters Creek Road and close to the intersection of Brandon Avenue. This space offers approximately 1,300 square feet of office and flex space. The layout is comprised of a reception area, two large offices, storage room and garage. A bay door offers easy access to the back garage/storage area along with a standard doorway. Tenant is responsible for all utilities except Water & Sewer.

Property Taxes

Property Taxes

Parcel Number
520-0113
Land Assessment
$391,300
Improvements Assessment
$400,000
Total Assessment
$791,300
  • Listing ID: 39688652

  • Date on Market: 3/6/2026

  • Last Updated:

  • Address: 3783-3785 Peters Creek Rd, Roanoke, VA 24018

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}