Owner-User Industrial
807 Oliver Hill Way Richmond, VA 23219
807 Oliver Hill Way, Richmond, VA, 23219
Contact for pricing
For Sale
Contact for pricing
For-sale industrial facility offering approximately 20,000 SF on 1.08 acres in a centrally located setting.
Property Size20,000 SF
Lot Size1.08 Acres
Price / SF$105
Days on Market166
Property Features for 807 Oliver Hill Way
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 1.08 Acres
- Property subtype
- LAND
Listing agency
One South Commercial
(804) 248-2561
Listed by
Lory Markham · License #0225227308
Source
Moodyscre
Added: Feb 6 Updated: Jul 22 at 2:55PM Checked: Jul 22 at 2:55PM
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 One South Commercial
Investment Insights
Based on property information with market context.
This for-sale industrial property consists of an approximately 20,000 SF industrial facility set on 1.08 acres. The site is positioned for owner-users, with an existing industrial configuration suitable for manufacturing or other industrial uses.
The property is described as centrally located, offering straightforward access to the surrounding area.
The facility size and lot configuration provide a practical footprint for companies seeking an owned industrial base rather than leasing space.
The property is described as centrally located, offering straightforward access to the surrounding area.
The facility size and lot configuration provide a practical footprint for companies seeking an owned industrial base rather than leasing space.
Key Highlights
- Approximately 20,000 SF industrial facility for sale
- Set on 1.08 acres
- Centrally located industrial property
Local Financial Insights For Industrial
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 | $199.2k | $9.96 |
| − Vacancy | −$18.0k | −$0.90 |
| EGI | $181.2k | $9.06 |
| − OpEx | −$54.3k | −$2.72 |
| NOI | $126.8k | $6.34 |
20,000 SF · lease $9.96/SF/yr · vacancy 9.06% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.81M
$1.59M – $2.11M
NOI $126,807 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.62M
$4.04M – $5.39M
NOI $323,447 @ 7.0% cap · market cap 15.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
BambooInk
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - For-sale industrial facility offering approximately 20,000 SF on 1.08 acres in a centrally located setting.
Where is this manufacturing property located?
The property is located at 807 Oliver Hill Way Richmond, VA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Approximately 20,000 SF industrial facility for sale; Set on 1.08 acres; Centrally located industrial property
