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Oakwood, VA Office Building Investment
For Sale
$1,875,000

13351 Riverside Dr, Oakwood, VA 24631

a single-tenant government office in Oakwood, VA. 1.08 acres and a one-story, 8,676-SF office built in 2004

Property Size8,676 SF
Lot Size1.08 Acres
Price / SF$216.11
Days on Market590

Property Features for 13351 Riverside Dr

General Information

Standard status Active
Property type Other office properties, Medical Office Space, Serviced offices, Office Spaces
Size 8,676 SF
Class B
Total Parking Spaces 29
Elevators N/A
Lot size 1.08 Acres
Net Operating Income $152,813

Building Details

Year Built 2004
Listing Agency:
Listed By: Scott
Added: Jan 13, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This single-story office building, constructed in 2004, is located in Oakwood, Virginia. The property includes an 8,676-square-foot office building on 1.08 acres. Situated along US Highway 460, the location provides access to a significant population base, serving a densely populated mining region with nearly 60,000 residents within a ten-mile radius. The U.S. General Services Administration is the primary tenant, with the Mine Safety and Health Administration as the operator. The tenant has occupied the property since its completion in 2004 and has extended their lease for an additional ten years, with an expiration date of December 2034. The property offers a net operating income of $152,813.

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Storage Facility Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Daycare Center

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

3
Businesses Nearby

Demographics for 24631, VA

2,578
Population
766
Households
3.4
Avg Household Size
44
Median Age
7%
College-Educated
86%
High-School Grad
53.5 sq mi
ZIP Area
48
Density / Sq Mi
$45,109
Median Household Income
$33,857
Median Earnings
$814
Median Rent
$62,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office property - a single-tenant government office in Oakwood, VA. 1.08 acres and a one-story, 8,676-SF office built in 2004
Where is this office property located?
The property is located at 13351 Riverside Dr Oakwood, VA.
What is the asking price?
The asking price for this property is $1,875,000.
More about this property
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