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

12201 LANKFORD Hwy, Hallwood, VA 23359

18-acre industrial property with a 70,000 SF warehouse.

Property Size70,000 SF
Lot Size18.00 Acres
Price / SF$9.29
Days on Market165

Property Features for 12201 LANKFORD Hwy

General Information

Standard status Active
Size 70,000 SF
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: Mar 10 Changed: Jul 6 Last Checked: Aug 20 at 10:54AM

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 industrial and commercial property encompasses approximately 18 acres. It features a 70,000 square-foot industrial warehouse with ceiling heights reaching up to 30 feet. This space is suitable for manufacturing, distribution, logistics, and specialty commercial operations. The facility is equipped with 14 ground-level doors, including three covered doors, as well as 13 dock-high doors. An interior ramp facilitates material handling by connecting the ground level to the dock height. The property also includes a pole building that provides additional space for storage, workshops, or overflow capacity. The property is fully fenced and gated to ensure security. Ample truck and trailer parking is available, accommodating high-volume operations. The property has 3 Phase Electric.

Key Highlights

  • Large ±70,000 square‑foot industrial warehouse with up to 30‑foot ceiling heights.
  • Approximately 18 acres of land (final area per survey).
  • 14 ground‑level doors (three covered) and 13 dock‑high doors with interior ramp.

Property Analytics

Current Use

Warehouses

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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 18-acre industrial property with a 70,000 SF warehouse.
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: Large ±70,000 square‑foot industrial warehouse with up to 30‑foot ceiling heights.; Approximately 18 acres of land (final area per survey).; 14 ground‑level doors (three covered) and 13 dock‑high doors with interior ramp.
More about this property
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