Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4089 Pepperell Way Dublin, VA 24084

    View on Map
    Sponsored
    For Sale
    $1,640,000

    Commercial - Dublin, VA

    Property size:
    18,128 SF
    Lot size:
    3.37 Acres
    Days on Market:
    35
    Last Refresh:
    Mar 7 at 4:06 pm

    Property Features for 4089 Pepperell Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Light Industrial
    APN
    064120010
    Size
    18,128 SF
    Lot size
    3.37 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Flooring type
    Carpet, Concrete
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Nancy Page

    Page & Associates Real Estate (540) 392-9505

    Listing agent Nancy Page (540) 392-9505 License #225043559

    Listing date Feb 1, 2026

    MLS# 422832 Listing URL

    Copyright © 2026 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Industrial Buildings in Pulaski County

    Located in the Pulaski County Industrial Park, these two industrial buildings are available immediately. The property encompasses almost 4 acres with significant traffic on Pepperrell Way and Cougar Trail. The buildings offer a total of 17,283 square feet of industrial/warehouse space and 845 square feet of office, kitchenette, and conference room space. A covered breezeway connects the two buildings. The property features three dock-height shipping doors with levelers and two additional dock doors. Electrical service is provided by 225-amp and 200-amp service panels. Ample parking and turning areas are available. The property is surrounded by Volvo, Phoenix, NRV Fleet Services, and LH Corp. The property is zoned for Light Industrial use. The property can be leased or purchased with 4085 Pepperell Way. If purchased together, the price is $2,695,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Daycare Center Nursing Home Nursing Home Parking Lot & Garage

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dublin
    County
    Pulaski
    State
    Virginia
    Longitude
    -80.7183702
    Latitude
    37.082705

    Nearby Similar for Sale

    • $1,245,000
      1,500 SF

      Pulaski Industrial Park Warehouse Space

      Two connected buildings with warehouse and office space for sale.
      4085 Pepperell Way, Dublin, VA 24084
      View Details
    • $599,000
      93.00 Acres

      93 Acres Development Property

      Development property with easy access to Radford, Dublin, and Pulaski.
      Lee Hwy, Dublin, VA 24084
      View Details
    • Contact for pricing
      5,300 SF

      Freestanding Restaurant Opportunity Near I-81

      Freestanding restaurant near I-81 and Walmart for sale.
      4586 Alexander Farm Rd, Dublin, VA 24084
      View Details
    • Contact for pricing
      10,000 SF

      Dublin, VA Retail Opportunity

      NNN leased Dollar Tree with over 7 years remaining.
      4801 Cleburne Blvd, Dublin, VA 24084
      View Details
    • $995,000
      9.82 Acres

      Prime Dublin Commercial Land

      9.8 Acres, High Traffic, Endless Potential
      Tbd Lee Hwy, Dublin, VA 24084
      View Details
    • $264,750
      0.80 Acres

      477 Cleburne Blvd, Dublin, VA 24084

      Commercial real estate • 0.80 Acres
      477 Cleburne Blvd, Dublin, VA 24084
      View Details
    • $1,849,000
      3.37 Acres

      Dublin Industrial Park Investment

      Two buildings, 18,128 sq ft, 3.37 acres
      4089 Pepperell Way, Dublin, VA 24084
      View Details
    • $1,395,000
      1.97 Acres

      Dublin Industrial Property - Prime Location

      Two Buildings, Ample Space, Ideal for Business
      4085 Pepperell Way, Dublin, VA 24084
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two industrial buildings with office space in a prime location.
    Where is this warehouse located?
    The property is located at 4089 Pepperell Way Dublin, VA.
    What is the asking price?
    The asking price for this property is $1,640,000.
    What are key features of this property?
    This property features: - Highly desirable location in Pulaski County Industrial Park with high traffic count.; - Total of 17,283 sq ft of industrial/warehouse space and 845 sq ft of office/kitchenette/conference room space.; - Features 3 dock-height shipping doors with levelers and 2 additional dock doors.
    (540) 392-9505
    Request Owner's contact information
    4089 Pepperell Way Dublin, VA 24084
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4089 Pepperell Way
    Dublin, VA 24084
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4089 Pepperell Way Dublin, VA 24084
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nancy Page
    Real Estate License ID: 225043559
    (540) 392-9505
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!