Industrial Land with Warehouse Building

54 Plaza Dr Manakin Sabot, VA 23103

Claim this Listing
New
For Sale
$2,500,000

0.896-acre industrial site with a 14,850 SF warehouse building zoned M1 for multiple industrial uses.

Type:Industrial Building + Land
Property size:
14,850 SF
Lot size:
0.90 Acres
Price / SF:
$168/SF
Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 10 at 3:00 am

Property Features for 54 Plaza Dr Manakin

General Information

Standard status
Active
Size
14,850 SF
Lot size
0.90 Acres
Property subtype
Industrial Building + Land

Building Details

Year Built
1990

Listing office Taylor Long Properties Commercial Real Estate

Listing date Jul 9, 2026

Source Taylorlongproperties

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 Taylor Long Properties Commercial Real Estate


Investment Insights

Based on property information with market context.

This offering consists of 0.896 acres of industrial land improved with a 14,850 SF warehouse building. The property is zoned M1, which supports multiple industrial uses.

Located in Manakin Sabot within Goochland County, the site benefits from reported traffic of 14,000 VPD on Broad Street Rd and 11,000 VPD on Ashland Rd.

With an existing warehouse improvement on a compact industrial parcel, the property provides a straightforward foundation for businesses seeking an M1-zoned industrial facility.

Key Highlights

  • 0.896‑acre industrial site with a 14,850 SF building
  • 14,850 SF warehouse situated on 0.896 acres
  • Zoned M1 in Manakin Sabot/Goochland County with potential for multiple industrial uses

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 $174.6k $11.76
− Vacancy −$8.7k −$0.59
EGI $165.9k $11.17
− OpEx −$24.9k −$1.68
NOI $141.0k $9.50
14,850 SF · lease $11.76/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$2.01M
$1.76M – $2.35M (±1% cap)
NOI $141,019 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.43M
$3.00M – $4.00M (±1% cap)
NOI $240,159 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

M.Y. Taekwondo & After ... Training Center Master Yi's Olympic ... Sports School

Suggested Use

Building Supply Big Box & Wholesale Store HVAC Service Auto Parts Store Electrical Service Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Auto Repair Shop Computer & Electronic Repair

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

Similar Off Market Nearby

  • Centerville Self Storage — 12943 Plaza Dr, Richmond, VA 23233
  • Broadview Mini Storage — 38 Broad St Rd, Manakin-Sabot, VA 23103

FAQs

What type of property is this?
Warehouse - 0.896-acre industrial site with a 14,850 SF warehouse building zoned M1 for multiple industrial uses.
Where is this warehouse located?
The property is located at 54 Plaza Dr Manakin Sabot, VA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 0.896‑acre industrial site with a 14,850 SF building; 14,850 SF warehouse situated on 0.896 acres; Zoned M1 in Manakin Sabot/Goochland County with potential for multiple industrial uses
Contact an agent
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