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$ 5,250,000
Est. payment | /mo
52,839 SqFt
$ 5,250,000
Est. payment | /mo
52,839 SqFt
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 52,839 sqft
Price per Sqft $99
MLS Listing ID 681660
HOA Y/N No
Year Built 1961
Tax Year 2026
Lot Size 6.260 Acres
Acres 6.26
Property Sub-Type Building
Property Description
Exceptional 52,000 SF flex industrial asset situated on a flat 6.26 acres, offering an ideal blend of immediate 7.25% CAP rate and sticky regional tenancy. Ideally located just 1/2 mile from the I-81 interchange with prominent Route 11 frontage and visibility, this property directly serves the heavy freight traffic of I-81 (52,000 AADT), which is currently benefiting from a $200M+ three-lane widening project and the local agriculture economy. The facility is anchored by two premier commercial vehicle service tenants essential to the Valley's logistics ecosystem: Rice Tire, a trusted anchor with 13+ years of operating history at this site, and Nacarato Truck Centers, featuring specialized investments spec'd directly to their operational needs. With a low utilization on the flat 6.26 acres providing ample fleet staging, , and major infrastructure tailwinds, this asset delivers stable going-in cash flow coupled with long-term real estate value along a major East Coast logistics corridor
Location
State VA
County Rockingham
Area Rockingham Co Nw
Zoning I-1 Industrial General
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Natural Gas Available
Total Parking Spaces 2
Building
Level or Stories Two
Others
Tax ID 95-(10)- L1
Listed by Cottonwood Commercial LLC
Nearby Locations
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