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    1160 Daniel Rd Axton, VA 24054

    For Lease
    $2 SF/Yr ($17,875 /Mo)

    78,000 SF Manufacturing/Warehouse Space

    Lot size:
    78,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 78,000-square-foot industrial property, located at 1160 Daniel Road in Axton, Virginia (zip code 24054), presents a significant opportunity for businesses seeking manufacturing or warehouse space. Situated on a generous 6.72-acre lot, this single-story Class C building offers ample room for operations. Constructed in 1970 and renovated in 1990, the property boasts a 13-foot ceiling height, providing excellent vertical storage capacity. The building features six dock-high doors and two drive-in doors for efficient loading and unloading. Power is supplied by a robust 3-phase, 2,200 amp, 240V, 4-wire system. The property is zoned for industrial use and is conveniently located between Danville and Martinsville, Virginia, offering easy access to major transportation routes. The entire 78,000 square feet is currently vacant and available for lease. The property's APN is #021480000. This is a single-tenant building with no elevators. This property is ideal for a variety of industrial uses, offering a substantial footprint and excellent access. The entire space is available for lease, making it perfect for a single large tenant or potentially subdividable for multiple occupants. Inquire today to learn more about this prime industrial real estate opportunity.

    Property Features for 1160 Daniel Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    78,000 SF
    Class
    C
    Total Rate
    17875

    Building Details

    Year Built/Renovated
    1970/1990
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    50,000 SF
    Rate per SF
    $2

    HighLights

    • 50,000 square feet available for lease.
    • 6.72‑acre site.
    • 1970 construction, renovated in 1990.
    • Industrially zoned.
    • 13‑foot clear ceiling height.
    • Equipped with wet sprinklers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A C Furniture Co ... Furniture Store

    Suggested Use

    Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Storage Facility Grocery Store Bar & Pub Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Axton
    County
    Pittsylvania
    State
    Virginia
    Longitude
    -79.7275214
    Latitude
    36.6588095

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    FAQs

    What type of property is this?
    Distribution property - 78,000 SF Manufacturing/Warehouse Space
    Where is this distribution property located?
    The property is located at 1160 Daniel Rd Axton, VA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 50,000 square feet available for lease.; 6.72-acre site.; 1970 construction, renovated in 1990.
    Request Owner's contact information
    1160 Daniel Rd Axton, VA 24054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1160 Daniel Rd Axton, VA 24054
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