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Industrial Flex Space Opportunity
For Sale
$575,000

1367 HOPEMAN PKWY, Waynesboro, VA 22980

Versatile industrial building suitable for manufacturing, warehouse, or flex space.

Property Size8,124 SF
Price / SF$70.78
Days on Market230

Property Features for 1367 HOPEMAN PKWY

General Information

Standard status Active
Size 8,124 SF
Listing Agency: AMERICAN REAL ESTATE
Listed By: KENNY SPROUSE
Source: Raycaddellrealestate
Added: Mar 5 Changed: Oct 8 Last Checked: Oct 20 at 8:32PM

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 AMERICAN REAL ESTATE

Rey
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Investment Insights

Based on property information with market context.

This property presents a unique opportunity, offering possibilities for manufacturing, warehouse, storage, or flex space. It is zoned for heavy industrial use. The building includes docks, an office area, a break room, an inspection room, and two bathrooms. The HVAC system was replaced within the last two years. The property has a size of 8124 square feet.

Key Highlights

  • Zoned heavy industrial, offering versatile usage.
  • Includes docks for efficient loading and unloading.
  • Features an office, break room, and inspection room.

Property Analytics

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Current Use

E & E Machine ... Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Restaurant Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Auto Parts 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

105
Businesses Nearby
Balanced
Demand for This Use

Demographics for 22980, VA

33,049
Population
14,711
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
74.5 sq mi
ZIP Area
444
Density / Sq Mi
$63,176
Median Household Income
$41,839
Median Earnings
$968
Median Rent
$256,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Flex space - Versatile industrial building suitable for manufacturing, warehouse, or flex space.
Where is this flex space located?
The property is located at 1367 HOPEMAN PKWY Waynesboro, VA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Zoned heavy industrial, offering versatile usage.; Includes docks for efficient loading and unloading.; Features an office, break room, and inspection room.
More about this property
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