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Functional Industrial Facility For Sale

2700 Goolsby Avenue Richmond, VA 23234

Claim this Listing
For Sale
$1,450,000

7,850 SF industrial facility with office space and warehouse bays.

Type:IND
Property size:
7,850 SF
Lot size:
1.23 Acres
Price / SF:
$184/SF
Added:
Feb 26, 2026
Days on Market:
135
Last Refresh:
Jun 28 at 11:21 pm

Property Features for 2700 Goolsby Avenue

General Information

Standard status
Active
Size
7,850 SF
Lot size
1.23 Acres
Property subtype
IND

Building Details

Year Built
1987

Listing office Keller Williams Richmond West

Listing date Feb 26, 2026

Source Realnex

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 Keller Williams Richmond West


Investment Insights

Based on property information with market context.

The industrial facility at 2700 Goolsby Avenue totals approximately 7,850 square feet, including roughly 1,600 square feet of office space and five warehouse bays. The building features five 20-foot roll-up doors and approximately 22-foot clear ceiling heights. Situated on approximately 1.23 acres, the property offers on-site parking and yard area. The flexible layout is suitable for industrial, distribution, light manufacturing, contractor, or service uses. The existing configuration allows for efficient operations, immediate occupancy, and customization to meet user requirements.

Key Highlights

  • Functional industrial facility totaling approximately 7,850 square feet.
  • Features five 20‑foot roll‑up doors and approximately 22‑foot clear ceiling heights.
  • Approximately 1.23 acres with on‑site parking and yard area.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $92.3k $11.76
− Vacancy −$4.6k −$0.59
EGI $87.7k $11.17
− OpEx −$13.2k −$1.68
NOI $74.5k $9.50
7,850 SF · lease $11.76/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.06M
$931.8K – $1.24M (±1% cap)
NOI $74,545 @ 7.0% cap · market cap 5.14%
Second Best
Flex RnD
$845.0K
$739.4K – $985.8K (±1% cap)
NOI $59,148 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M (±1% cap)
NOI $126,953 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Crane Testing Services Industrial Manufacturer Atlantic Driver Improvement Training Center

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Dental Office Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Rob's Too Where We Cater To You — 4808 Jefferson Davis Hwy, Richmond, VA 23234

FAQs

What type of property is this?
Flex space - 7,850 SF industrial facility with office space and warehouse bays.
Where is this flex space located?
The property is located at 2700 Goolsby Avenue Richmond, VA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Functional industrial facility totaling approximately 7,850 square feet.; Features five 20‑foot roll‑up doors and approximately 22‑foot clear ceiling heights.; Approximately 1.23 acres with on‑site parking and yard area.
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