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    460 Colonial Trl Surry, VA 23883

    For Sale
    $798,892

    5.6-Acre Industrial Site - High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 5.6-acre industrial property in Surry, VA, presents a significant investment opportunity. Strategically located on high-visibility Route 10, minutes from major cities, this site offers substantial potential for various businesses. The property boasts a main warehouse and showroom totaling 4,200 square feet, providing versatile space for product display and operations. A secondary warehouse offers additional storage, manufacturing space, or potential for future expansion, catering to individual business needs. The property's functionality is further enhanced by strategically placed grain elevators, ideal for agricultural businesses and efficient bulk material handling. Logistics are streamlined with a five-truck bay storage area, ensuring ample space for vehicle management and loading operations. Maintenance and servicing of large vehicles are facilitated by an oversized double-bay truck shop. An oversized carport provides additional vehicle protection. Finally, a 100,000 lbs Fairbanks and Morris semi-truck scale is included, crucial for load management, compliance, and overall operational efficiency. This turnkey operation is ready for immediate use and offers a rare combination of space, functionality, and prime location. The property's high visibility and convenient access to major transportation routes make it an attractive proposition for investors seeking strong returns and long-term growth.

    Property Features for 460 Colonial Trl

    General Information

    Property type
    Other commercial real estate
    Lot Size
    243,936 SF

    Building Details

    Year Built
    1957
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnson Brothers Agricultural Service

    Suggested Use

    Restaurant Law Firm Wholesale Shop Auto Repair Shop Hotel & Motel Storage Facility Food Market Garden Center Discount Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Surry
    County
    SURRY COUNTY
    State
    Virginia
    Longitude
    -76.8272
    Latitude
    37.13571

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - 5.6-Acre Industrial Site - High Visibility
    Where is this commercial real estate located?
    The property is located at 460 Colonial Trl Surry, VA.
    What is the asking price?
    The asking price for this property is $798,892.
    (757) 499-5911
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    460 Colonial Trl Surry, VA 23883
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    Surry, VA 23883
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    Realmo Value Estimation

    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.

    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.

    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
    460 Colonial Trl Surry, VA 23883
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