5383 Lee Hwy, Troutville, VA 24175
$950,000
Property Type:
Commercial
Lot Size (sq. ft.):
91,476
Status:
Active
Current Price:
$950,000
List Date:
11/14/2025
Last Modified:
11/14/2025
Description
Desirable 2+ acre commercial corner site in Troutville, VA, just minutes from I-81, offering excellent visibility, access, and signage potential. Located on a busy highway in growing Botetourt County, it's ideal for redevelopment, mixed-use, or an owner/user seeking strong traffic exposure. The brick building with tin roof has upgraded electrical, HVAC, roof, and professionally encapsulated asbestos. Two exterior loading docks support distribution, storage, or service uses. A 3 bed / 2 bath living quarters with full kitchen, rooftop deck, and open-air courtyard provides rental income, on-site manager space, or live/work potential. It could also be the start for a daycare or condo development.
More Information MLS# 922755
General Property Description
Construction Status: Completed
Total Acreage: 2.1
Traffic Count: 7200
Flood Area: No
Gross Lot SqFt: 91476
On site Parking: Yes
Parking Spaces: 100
Water Class: N/A
Gross Building SqFt: 14287
Lease Available: No
Year Built: 1927
Location, Tax & Legal
Major Area: 07 - Botetourt County
Tax ID: 101D-69
Annual Taxes: 2590
Zoning Code: B2
Area: 0700 - Botetourt County
Street Number: 5383
Street Name: Lee Hwy
State/Province: VA
Zip Code: 24175
Municipality: Botetourt County
Remarks & Misc
Directions: Take 81 South to exit 150. Take exit 150 B for US-11N. Continue to the traffic circle, take the 3rd exit onto US-11. Turn left onto School Dr.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Commercial Type
Investment: 1
Office: 1
Retail: 1
Business Type
Other: 1
Sale Includes
Building & Land: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Roof System
Metal: 1
Other - See Remarks: 1
Levels
One: 1
Floors
Wood: 1
Topography
Level: 1
Contract Information
Current Price: $950,000
List Price: $950,000
List Date: 2025-11-14
Status: Active
Property Features
Limited Service: Not Limited Service
Commercial Type: Investment; Office; Retail
Business Type: Other
Sale Includes: Building & Land
Construction: Brick
Roof System: Metal; Other - See Remarks
Levels: One
Floors: Wood
Manufactured Homes: No HUD Tag
Water Description: Public
Sewer Description: Public Sewer
Topography: Level
Listing Office: REINER REALTY
Last Updated: November - 14 - 2025
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