5.81 AC Mini Storage
3820 Old Williamsburg Rd Sandston, VA 23150
3820 Old Williamsburg Rd, Sandston, VA, 23150
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For Sale
Contact for pricing
5.81 AC approved for mini storage in Sandston, VA.
Property Size7,648 SF
Lot Size5.81 Acres
Price / SF$215.74
Days on Market678
Property Features for 3820 Old Williamsburg Rd
General Information
- Standard status
- Active
- Size
- 7,648 SF
- Lot size
- 5.81 Acres
- Property subtype
- Land, Self Storage
Building Details
- Year Built
- 1962
Listing agency
Taylor Long Properties
(804) 864-9788
Listed by
Robert Marshall · License #VA 0225192463
Source
Crexi
Added: Sep 12, 2024 Updated: Jul 6 at 8:28AM Checked: Jul 19 at 7:14AM
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
Investment Insights
Based on property information with market context.
This 5.81-acre property is approved for a proposed mini storage facility. The property is located in Sandston, VA.
Key Highlights
- 5.81 AC Land Parcel - perfect for development.
- Approved for Mini Storage - capitalize on this pre‑approved use.
- Located in Sandston, VA - benefit from a growing community.
Local Financial Insights For Self Storage
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 | $72.0k | $9.41 |
| − Vacancy | −$3.8k | −$0.50 |
| EGI | $68.2k | $8.91 |
| − OpEx | −$20.4k | −$2.67 |
| NOI | $47.7k | $6.24 |
7,648 SF · lease $9.41/SF/yr · vacancy 5.30% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$681.5K
$596.3K – $795.1K
NOI $47,707 @ 7.0% cap · market cap 2.89%
Second Best
Industrial
$681.5K
$596.3K – $795.1K
NOI $47,707 @ 7.0% cap · market cap 2.89%
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.33M
NOI $139,657 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
East End Fixture ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Commercial land - 5.81 AC approved for mini storage in Sandston, VA.
Where is this commercial land located?
The property is located at 3820 Old Williamsburg Rd Sandston, VA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 5.81 AC Land Parcel - perfect for development.; Approved for Mini Storage - capitalize on this pre‑approved use.; Located in Sandston, VA - benefit from a growing community.
