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INVESTMENT HIGHLIGHTS
- Freestanding retail and garage buildings with dual-use potential
- High visibility with 15,274 vehicles per day on Williamson Road
- Strong demographics with 126,000 residents and $79K avg. income within 5 miles
- Located near Valley View Mall and Roanoke-Blacksburg Airport
- Surrounded by national retailers including Walmart, Lowe’s, and Kroger
EXECUTIVE SUMMARY
Positioned on Roanoke’s original commercial driving strip, 5135 Williamson Road offers a rare opportunity to acquire a freestanding retail and garage property in one of the city’s most active corridors. Built in 1976 and spanning 4,242 square feet across 0.33 acres, the asset includes two distinct structures: a 3,000 SF retail building and a 1,242 SF garage. The site benefits from CG zoning, allowing for a wide range of commercial uses, and features prominent building signage with visibility to over 15,000 vehicles per day.
Located in North Roanoke, the property is surrounded by major retail anchors including Valley View Mall, Crossroads Center, and Towne Square, and is just minutes from the Roanoke-Blacksburg Regional Airport. The area is a magnet for both local shoppers and regional traffic, supported by a daytime employee population of over 150,000 within a five-mile radius. The site’s proximity to Interstate 581 enhances its accessibility and appeal for businesses seeking high exposure and convenience.
Located in North Roanoke, the property is surrounded by major retail anchors including Valley View Mall, Crossroads Center, and Towne Square, and is just minutes from the Roanoke-Blacksburg Regional Airport. The area is a magnet for both local shoppers and regional traffic, supported by a daytime employee population of over 150,000 within a five-mile radius. The site’s proximity to Interstate 581 enhances its accessibility and appeal for businesses seeking high exposure and convenience.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,242 SF
Building Class
C
Year Built
1976
Price
$610,000
Price Per SF
$143.80
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.33 AC
Zoning
CG
Parking
10 Spaces (2.36 Spaces per 1,000 SF Leased)
Frontage
76’ on Williamson Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2190609 | Improvements Assessment | $184,900 |
| Land Assessment | $136,500 | Total Assessment | $321,400 |
PROPERTY TAXES
Parcel Number
2190609
Land Assessment
$136,500
Improvements Assessment
$184,900
Total Assessment
$321,400
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5135 Williamson Rd
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