Flex Space with Bridge
806 ISLAND FORD RD Building 2, Mcgaheysville, VA 22840
For Sale
Contact for pricing
Three-phase service, a fenced yard, and a gated entry support a range of industrial operations.
Property Size2,244 SF
Days on Market441
Property Features for 806 ISLAND FORD RD Building 2
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Utilities to Site
Amenities
1 ton bridge crane
16'x16' ground level door
19'-22' ceiling clear height
LED lights
3 phase electricity
fenced lot with gated entrance
Building Details
Buildings
Listing Agency:
Cottonwood Commercial LLC
(540) 434-9922
Listed By:
Chad Dunham · License VA #0225266331
(540) 246-6700
Source:
Peakrealtyva
Added: Aug 27, 2025
Changed: Nov 10
Last Checked: Nov 9 at 11:22PM
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 Cottonwood Commercial LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,244-square-foot flex building includes a mezzanine and a 1-ton bridge crane. The main structure measures 26.5 feet wide by 72 feet deep, with a 16-by-16-foot drive-in door and clear ceiling height ranging from 19 to 22 feet. Interior features include LED lighting and three-phase electrical service. Some equipment shown is included, with other equipment and materials available for purchase. Office or office-trailer space may also be rented separately.
The property has a fenced lot with gated access and is zoned I-1 Industrial. Merck and MillerCoors are identified as nearby businesses. Potential applications listed for the space include truck, crane, and equipment maintenance or repair, light manufacturing, and fabrication.
The property has a fenced lot with gated access and is zoned I-1 Industrial. Merck and MillerCoors are identified as nearby businesses. Potential applications listed for the space include truck, crane, and equipment maintenance or repair, light manufacturing, and fabrication.
Key Highlights
- 2,244 SF building with mezzanine
- 1‑ton bridge crane
- 16' x 16' ground‑level door and 19'-22' clear ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,929
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,580
$258.6K
Cap Rate 7%
$184,700
$184.7K
Cap Rate 9%
$143,656
$143.7K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$21.0K $9.36/SF
− Vacancy
−$1.1K −$0.50/SF
EGI
$19.9K $8.86/SF
− OpEx
−$7.0K −$3.10/SF
NOI
$12.9K $5.76/SF
Area
Rockingham County, VA
Vacancy
5.30%
Lease Rate
$9.36 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,580
Cap Rate 7%
$184,700
Cap Rate 9%
$143,656
Alternative Uses
Best Use
Industrial
$192.9K
$168.8K – $225.0K
NOI $13,501 @ 7.0% cap
Second Best
Flex RnD
$184.7K
$161.6K – $215.5K
NOI $12,929 @ 7.0% cap
Theoretical Best
Office A
$676.3K
$591.7K – $789.0K
NOI $47,339 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22840, VA
4,524
Population
3,642
Households
1.2
Avg Household Size
44
Median Age
45%
College-Educated
92%
High-School Grad
31.4 sq mi
ZIP Area
144
Density / Sq Mi
$93,580
Median Household Income
$52,134
Median Earnings
$1,536
Median Rent
$355,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Three-phase service, a fenced yard, and a gated entry support a range of industrial operations.
Where is this flex space located?
The property is located at 806 ISLAND FORD RD Building 2 Mcgaheysville, VA.
What are key features of this property?
This property features: 2,244 SF building with mezzanine; 1‑ton bridge crane; 16' x 16' ground‑level door and 19'-22' clear ceiling height
