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    113 Corporate Dr Radford, VA 24141

    Sponsored
    For Lease
    Contact for pricing

    Prime Radford warehouse & cold storage. I-81 Corridor location.

    Lot size:
    100,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 100,000-square-foot industrial property at 113 Corporate Drive, Radford, VA 24141, offers a unique blend of refrigerated cold storage and warehouse space. The single-story building, constructed in 1991, boasts a Class B rating and sits on 13.28 acres of land. The property is zoned M-1 Restricted Ind and features a 24-foot ceiling height, making it ideal for a variety of uses. Tenants can benefit from 10 dock-high doors and one drive-in door, along with ample parking for 185 vehicles. The space is divisible to a minimum of 500 square feet, offering flexibility for businesses of all sizes. Currently, the entire 100,000 square feet is available for lease. The building's strategic location on the I-81 Corridor provides excellent access to major transportation routes. On-site amenities include security and pest control. Additional services such as fulfillment, 3PL services, outdoor and indoor storage, and trailer parking are also available. The property's APN is 37-2-SEC-2-10. This is a rare opportunity to secure a substantial industrial space in a prime location.

    Property Features for 113 Corporate Dr

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF
    Class
    B

    Building Details

    Year Built
    1991
    Stories
    1

    Unit(s) available at that property

    Space
    113 Corporate Drive
    Size
    100,000 SF

    HighLights

    • 100,000 SF industrial building with refrigerated cold storage and warehouse space available for lease.
    • Class B, single‑story building on 13.28 acres, built in 1991, zoned M‑1 Restricted Ind.
    • Strategically located on the I‑81 Corridor, offering excellent access to major transportation routes.
    • Features 10 dock‑high doors, one drive‑in door, and ample parking for 185 vehicles; divisible to 500 SF minimum.
    • Includes security and pest control; additional services such as fulfillment, 3PL services, outdoor and indoor storage, and trailer parking are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Building Supply Auto Repair Shop Wholesale Shop Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Radford
    County
    Radford
    State
    Virginia
    Longitude
    -80.5738762
    Latitude
    37.0952376

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Prime Radford warehouse & cold storage. I-81 Corridor location.
    Where is this refrigerated / cold storage located?
    The property is located at 113 Corporate Dr Radford, VA.
    What are key features of this property?
    This property features: 100,000 SF industrial building with refrigerated cold storage and warehouse space available for lease.; Class B, single-story building on 13.28 acres, built in 1991, zoned M-1 Restricted Ind.; Strategically located on the I-81 Corridor, offering excellent access to major transportation routes.
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    113 Corporate Dr Radford, VA 24141
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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
    113 Corporate Dr Radford, VA 24141
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