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Warehouse with Extensive Parking
For Sale
$949,000

129 W Old Cross Road, New Market, VA 22844

Commercially zoned warehouse on 1.45 acres with fully air-conditioned space, electric heat pump, and ample parking.

Property Size11,365 SF
Lot Size1.45 Acres
Price / SF$83.50
Days on Market10

Property Features for 129 W Old Cross Road

General Information

Standard status Active
Size 11,365 SF
Lot size 1.45 Acres
Property subtype Commercial Building

Site & Location

Traffic Count 11,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

Lot Size Acres: 1.45
Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Has Central AC: 1
Pump Heating, Electric Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2022-07-21
One Story, Built in 1961
Property Zone Type: 200, Above Area Square Feet: 11365
2 Half Baths
Water Source: Municipal
Construction Type: Masonry - Concrete Block

Building Details

Year Built 1961
Listing Agency: Lee & Associates
Listed By: Brent Eaton
Source: Doyle-realty
Added: Jul 21 Changed: Jul 26 Last Checked: Jul 30 at 5:50AM

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 Lee & Associates

Investment Insights

Based on property information with market context.

This commercial warehouse property includes a main building and an additional warehouse structure, totaling over 11,000 square feet (main building 7,000+/- and warehouse space 4,000+/-). The building is heated with an electric heat pump and is fully air conditioned, with two half bathrooms. The property is also on Town of New Market water and sewer service.

Located on the highest traveled street, W Old Cross Road, with almost 11,000 average daily traffic, the site is directly off Interstate 81 at exit 264. Over 30,000 square feet of parking is available along the Cadet Road side of the property. A mobile home on-site is currently being used as a rental property, and the property is zoned commercial.

Key Highlights

  • Commercially zoned warehouse on 1.45 acres in Historic New Market
  • Total 11,000+/- SF: main building 7,000+/- SF and warehouse 4,000+/- SF
  • Fully air‑conditioned with electric heat pump; 2 half bathrooms

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Storage Facility Garden Center Skin Care Clinic (Bike/Boat/Book/etc) Store Barber Shop

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

Lease Details

11,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby
Balanced
Demand for This Use

Demographics for 22844, VA

4,599
Population
2,257
Households
2
Avg Household Size
48
Median Age
19%
College-Educated
91%
High-School Grad
49.6 sq mi
ZIP Area
93
Density / Sq Mi
$63,061
Median Household Income
$36,214
Median Earnings
$877
Median Rent
$263,300
Median Home Value

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Quick Lock Storage - New Market — 128 Stonewall St, New Market, VA 22844

Frequently Asked Questions

What type of property is this?
Warehouse - Commercially zoned warehouse on 1.45 acres with fully air-conditioned space, electric heat pump, and ample parking.
Where is this warehouse located?
The property is located at 129 W Old Cross Road New Market, VA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Commercially zoned warehouse on 1.45 acres in Historic New Market; Total 11,000+/- SF: main building 7,000+/- SF and warehouse 4,000+/- SF; Fully air‑conditioned with electric heat pump; 2 half bathrooms
More about this property
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