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    112 Kenbrook Dr Galax, VA 24333

    Sponsored
    For Lease
    $2.00 SF/Yr ($12,342 /Mo)

    75,000 SF Industrial Warehouse in VA

    Lot size:
    74,052 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 75,000-square-foot industrial warehouse in Galax, Virginia, offers a prime location for businesses seeking ample space and convenient access. Situated on nearly four acres, this single-story building boasts a 12-16 foot ceiling height, 5 loading docks, 16 dock-high doors, and 5 drive-in bays. The property features 50 total parking spaces and excellent visibility from US Hwy 58. Built in 1965 and extensively renovated in 2020, the warehouse includes a new white TPO roof (2019), a new 3-phase power system (2020), city water and sewer, and a dry sprinkler system. The property is fenced and offers excellent access. Multiple suites are available, with a minimum divisible space of 12,000 square feet and a maximum contiguous space of 39,000 square feet. The building is zoned M-1 and is located within an Opportunity Zone. Interior features include air-powered systems, sprinkler control rooms, and restrooms with electric heat and hot water. The property's address is 112 Kenbrook Dr, Galax, VA 24333, and is conveniently located near West Stuart Drive. Available December 1, 2024. The property is currently occupied.

    Property Features for 112 Kenbrook Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    74,052 SF
    Total Rate
    12342

    Building Details

    Year Built/Renovated
    1965/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    75,000 SF
    Rate per SF
    $2.00
    Space
    Available Space B
    Size
    24,000 SF
    Rate per SF
    $2.00
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Department Store Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Galax
    County
    Galax
    State
    Virginia
    Longitude
    -80.9459169
    Latitude
    36.6512728

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - 75,000 SF Industrial Warehouse in VA
    Where is this distribution property located?
    The property is located at 112 Kenbrook Dr Galax, VA.
    What is the lease rate?
    The lease rate is $2.00 SF/Yr.
    Request Owner's contact information
    112 Kenbrook Dr Galax, VA 24333
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    Galax, VA 24333
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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
    112 Kenbrook Dr Galax, VA 24333
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