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Move-in Ready Commercial Building For Sale
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1787 Lockett Road, Rice, VA 23966

Like-new commercial building ideal for office, education, or service businesses.

Property Size2,904 SF
Lot Size1.00 Acre
Price / SF$94.70
Days on Market144

Property Features for 1787 Lockett Road

General Information

Standard status Active
Size 2,904 SF
Lot size 1.00 Acre
Property subtype Special Purpose
Listing Agency: Century 21 Realty Associate
Listed By: Navona Hart · License #VA0225076822
Source: Crexi
Added: Mar 21 Changed: Aug 8 Last Checked: Aug 10 at 3:14PM

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 Century 21 Realty Associate

Investment Insights

Based on property information with market context.

This commercial building, constructed in 2020, is suited for professional office users, educational programs, childcare operations, or service-based businesses. The property is situated on approximately one acre in a low-traffic setting adjacent to a church. The building has a nearly 3,000 square foot layout featuring four spacious rooms, each with a private entrance, allowing for multiple uses, tenant flexibility, or departmental separation. It also includes shared multi-stall restrooms, dual HVAC systems, abundant natural and overhead lighting, and full ADA accessibility. Ample on-site parking is available for employees, clients, or visitors. This property is a newer construction asset.

Key Highlights

  • Like‑new commercial building built in 2020, offering move‑in‑ready space.
  • Flexible layout with four spacious rooms, each with a private entrance, suitable for multiple uses or tenants.
  • Located in a quiet, low‑traffic setting on approximately one acre.

Property Analytics

Current Use

Schools

Suggested Use

Top Pick Home Appliance Store Skin Care Clinic Acupuncture Gym & Fitness Center Spa & Massage 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

7
Businesses Nearby

Demographics for 23966, VA

2,449
Population
1,036
Households
2.4
Avg Household Size
46
Median Age
21%
College-Educated
82%
High-School Grad
59.5 sq mi
ZIP Area
41
Density / Sq Mi
$58,101
Median Household Income
$50,694
Median Earnings
$1,019
Median Rent
$188,700
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
Rey
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Frequently Asked Questions

What type of property is this?
School - Like-new commercial building ideal for office, education, or service businesses.
Where is this school located?
The property is located at 1787 Lockett Road Rice, VA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Like‑new commercial building built in 2020, offering move‑in‑ready space.; Flexible layout with four spacious rooms, each with a private entrance, suitable for multiple uses or tenants.; Located in a quiet, low‑traffic setting on approximately one acre.
More about this property
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