CRE Admin

Blacksburg, VA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Blacksburg, Virginia Market population: 43K. Compare commercial properties across all major asset classes with...

Advertisement
Cap Rate: Low NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No exact matches found. Showing similar properties in Nevada.
1 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF

πŸ“Š Avg Property Tax Rate For Blacksburg VA Properties: 75.0000%

πŸ“Š Average Income For Blacksburg VA Commercial Property: $30,982

Investor Questions For Blacksburg VA

Common questions from investors exploring commercial real estate in Blacksburg VA.

What is the overall investment potential of Blacksburg, VA, considering its demographic and economic factors? +
The town's relatively high poverty rate of 44.4% and low median household income of $30,982 may pose challenges, but the strong presence of top industries like Manufacturing and Public Administration, combined with a high health insurance coverage rate of 94.7%, suggests a stable workforce and potential for investment growth.
How does the ethnic diversity and commute time in Blacksburg impact the local real estate market? +
The diverse population with top ethnicities including White, White Non-Hispanic, and Asian, along with an average commute time of just 13.5 minutes and a high rate of people working from home, indicates a dynamic and adaptable community that could support a range of housing options and investment strategies.
What are the implications of the town's high poverty rate and low homeownership rate for real estate investors? +
The 44.4% poverty rate and 31.7% homeownership rate suggest a significant rental market, which could be attractive for investors, especially when considering the relatively low median property value of $259,000 and the potential for renovation or new development projects that cater to the local workforce and students.
How do the top industries in Blacksburg influence the demand for housing and commercial properties? +
The presence of Manufacturing, Public Administration, and Information industries indicates a demand for housing that caters to a mix of blue-collar, white-collar, and tech industry workers, as well as potential opportunities for commercial investments that support these sectors, such as office spaces, warehouses, and innovation hubs.
What role does the high health insurance coverage rate and low commute time play in assessing the quality of life and market stability in Blacksburg? +
The high health insurance coverage rate of 94.7% and the short average commute time of 13.5 minutes contribute to a high quality of life, which can lead to market stability and attractiveness for both residents and investors, as it indicates a healthy, mobile, and productive workforce that can support local businesses and housing markets.

Blacksburg VA Real Estate & City Facts

Key facts and real estate information about Blacksburg VA.

What are some of the best neighborhoods to live in Blacksburg? +
Some of the best neighborhoods to live in Blacksburg include Bennett Hill, Progress, Airport Acres, Apperson, Berryfield, and Highland Park. These neighborhoods offer a mix of low and medium-density single-family housing and are located near Downtown Blacksburg.
What are some fun things to do in Blacksburg? +
There are plenty of fun things to do in Blacksburg, including hiking at Cascade Falls, exploring the Hahn Horticulture Garden at Virginia Tech, visiting the Moss Arts Center, and catching a show at the historic Lyric Theatre. You can also check out the lively music scene on College Avenue and grab a bite to eat at one of the many local restaurants.
What is the food scene like in Blacksburg? +
The food scene in Blacksburg is diverse and delicious, with plenty of options to suit every taste. Some popular restaurants include Carol Lee Donuts, Cabo Fish Taco, Cellar Restaurant, Hamro Kitchen, and Gaucho's. There are also plenty of great food trucks and cafes to grab a quick bite or coffee.
What are the pros and cons of living in Blacksburg? +
The pros of living in Blacksburg include its vibrant college town atmosphere, beautiful outdoor spaces, and a wide range of cultural attractions. However, some cons include the high cost of living, particularly when it comes to housing, and the fact that the town can get quite crowded during Virginia Tech football games and other events.
Is Blacksburg a good place to live? +
Overall, Blacksburg is a great place to live for those who enjoy a small-town atmosphere with plenty of amenities and activities. While it may have its drawbacks, the town's unique blend of natural beauty, cultural attractions, and community spirit make it a wonderful place to call home.
Advertisement