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Versatile Industrial Warehouse on 18 Acres
For Sale
$650,000

12201 LANKFORD Hwy, Hallwood, VA 23359

70,000 SF warehouse on 18 acres for sale.

Property SizeContact for details
Lot Size18.00 Acres
Days on Market266

Property Features for 12201 LANKFORD Hwy

General Information

Standard status Active
Lot size 18.00 Acres
Property subtype Industrial

Building Details

Year Built 1992
Listing Agency: SVN - Miller | Salisbury
Listed By: Brent Miller · License #MD 99323
Source: Elliman
Added: Nov 28, 2025 Changed: Jul 6 Last Checked: Aug 20 at 8:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN - Miller | Salisbury

Investment Insights

Based on property information with market context.

This versatile industrial and commercial property encompasses approximately 18 acres. It features a 70,000 square-foot industrial warehouse with ceiling heights up to 30 feet, suitable for manufacturing, distribution, logistics, or specialty commercial operations. The facility includes 14 ground-level doors (three covered) plus 13 dock-high doors, with an interior ramp connecting ground level to dock height for efficient material handling. The property also features 3 Phase Electric. An additional pole building provides extra space for storage, workshops, or overflow capacity. The property is fully fenced and gated, ensuring security, and offers ample truck and trailer parking. Offered as is, with no warranties expressed or implied, and priced below assessed value for a quick sale, it represents a unique opportunity for businesses or investors seeking growth on Virginias Eastern Shore.

Key Highlights

  • 70,000 sq ft Industrial Warehouse with up to 30‑foot ceiling heights.
  • Approximately 18 acres of land.
  • 14 ground‑level doors (3 covered) and 13 dock‑high doors with interior ramp.**

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Restaurant Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 23359, VA

653
Population
342
Households
1.9
Avg Household Size
34
Median Age
10%
College-Educated
79%
High-School Grad
13.2 sq mi
ZIP Area
49
Density / Sq Mi
$68,509
Median Household Income
$33,125
Median Earnings
$1,075
Median Rent

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - 70,000 SF warehouse on 18 acres for sale.
Where is this warehouse located?
The property is located at 12201 LANKFORD Hwy Hallwood, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 70,000 sq ft Industrial Warehouse with **up to 30‑foot ceiling heights.**; Approximately 18 acres of land.; 14 ground‑level doors (3 covered) and 13 dock‑high doors with interior ramp.**
More about this property
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