Spring Water Manufacturing
New
For Sale
$6,000,000
4100 Diamond Springs Dr, Richmond, VA 23231
The property combines bottled-water production, bulk distribution, and home and office delivery operations.
Property Size26,310 SF
Lot Size139.00 Acres
Price / SF$228.05
Days on Market2
Property Features for 4100 Diamond Springs Dr
General Information
Standard status
Active
Size
26,310 SF
Lot size
139.00 Acres
Property subtype
Single-Tenant Industrial
Additional Details
Business Included
Yes
Highway Access
Yes
Amenities
Camp Holly Springs, Inc. presents a rare opportunity to acquire an established spring water bottling and & distribution business together with its underlying real estate and production infrastructure.
The operation occupies eight buildings totaling approximately 26,310 square feet on a protected 139-acre multi-parcel property.
The acquisition provides a buyer with a functioning beverage-production platform, valuable water rights and source infrastructure, and significant real estate in Richmond, VA.
Building Details
Building Size
26,310 SF
Year Built
1968
Buildings
8
Listed By:
Mark Antinucci · License #License(s): CA: 02186109
(858) 373-3241
Source:
Marcusmillichap
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 1:55AM
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 Mark Antinucci
Investment Insights
Based on property information with market context.
This Richmond-area manufacturing property includes eight buildings totaling approximately 26,310 square feet on a 139-acre, multi-parcel site. The operation bottles naturally sourced spring water and also produces reverse osmosis water. Existing capabilities include private-label bottling, bulk tanker distribution, and five-gallon home and office service. Bottling equipment can process up to 600 five-gallon containers per hour, while tanker shipments average approximately ten to twelve per day. Annual bottled-water production exceeds 7.5 million gallons.
The water source is the Camp Holly Aquifer. The property is in Richmond, Virginia, with access to Interstates 64 and 295 and proximity to Richmond International Airport.
The water source is the Camp Holly Aquifer. The property is in Richmond, Virginia, with access to Interstates 64 and 295 and proximity to Richmond International Airport.
Key Highlights
- Eight buildings totaling approximately 26,310 square feet on a 139‑acre multi‑parcel property
- Produces more than 7.5 million gallons of bottled water annually, plus reverse osmosis water
- Bottling capacity of up to 600 five‑gallon containers per hour
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$249,845
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,996,900
$5.0M
Cap Rate 7%
$3,569,214
$3.6M
Cap Rate 9%
$2,776,056
$2.8M
Market Conditions
NOI Build-Up for 26,310 SF
Gross rent
$309.4K $11.76/SF
− Vacancy
−$15.5K −$0.59/SF
EGI
$293.9K $11.17/SF
− OpEx
−$44.1K −$1.68/SF
NOI
$249.8K $9.50/SF
Area
Richmond, VA
Vacancy
5.00%
Lease Rate
$11.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,996,900
Cap Rate 7%
$3,569,214
Cap Rate 9%
$2,776,056
Alternative Uses
Best Use
Warehouse
$3.57M
$3.12M – $4.16M
NOI $249,845 @ 7.0% cap · market cap 4.16%
Second Best
Industrial
$2.38M
$2.09M – $2.78M
NOI $166,814 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$6.08M
$5.32M – $7.09M
NOI $425,495 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 23231, VA
37,455
Population
17,028
Households
2.2
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
88.2 sq mi
ZIP Area
425
Density / Sq Mi
$74,245
Median Household Income
$43,315
Median Earnings
$1,272
Median Rent
$270,400
Median Home Value
Market
Vacancy Rate% for Industrial in Richmond, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - The property combines bottled-water production, bulk distribution, and home and office delivery operations.
Where is this manufacturing property located?
The property is located at 4100 Diamond Springs Dr Richmond, VA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Eight buildings totaling approximately 26,310 square feet on a 139‑acre multi‑parcel property; Produces more than 7.5 million gallons of bottled water annually, plus reverse osmosis water; Bottling capacity of up to 600 five‑gallon containers per hour
