18321 Parkway Melfa, VA 23410
Property Features for 18321 Parkway
General Information
- Property type
- Flex space
- Square Feet
- 11,658 SF
- Class
- C
- Lot Size
- 122,404 SF
Building Details
- Year Built/Renovated
- 1980/2018
- Buildings
- 3
- Stories
- 1
Listing Agency: Harvey Lindsay Commercial Real Estate Listing Agent: Michael Allen, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully occupied, 11,658-square-foot flex office and industrial property situated on a 2.81-acre lot in Melfa, Virginia. The property, located at 18321 Parkway, zip code 23410, within the Accomack County Airport Industrial Park, comprises three single-story buildings constructed in 1980 and extensively renovated in 2018. The property boasts a Class C rating and is zoned for light industrial use, offering significant potential for expansion. Currently operating under a triple-net lease (NNN) with a single tenant, this stabilized investment provides a secure and consistent income stream. The property's prime location offers convenient access to Route 13, and benefits from existing infrastructure including water, sewer, and broadband access. The Accomack County Airport Industrial Park provides a diverse business environment, including retail, manufacturing, and service companies. Proximity to Eastern Shore Community College and the Workforce Center further enhances the property's appeal. Potential investors should note the availability of incentives from Accomack County and the State of Virginia, along with additional free resources provided by the Virginia Employment Commission. The asking price for this fee-simple ownership is $550,000. This property represents a compelling investment opportunity in a thriving industrial park.
Property Profile
Location Intelligence
Current Use by Public Records
Interad Limited
Building Supply
Luminary Air Group
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Melfa
- County
- Accomack
- State
- Virginia
- Longitude
- -75.7596321
- Latitude
- 37.6429122
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FAQs
What type of property is this?
Flex space - 11,658 SF, 100% Occupied, VA
Where is this flex space located?
The property is located at 18321 Parkway Melfa, VA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully occupied, 11,658 SF flex office/industrial property on a 2.81-acre lot in Melfa, VA.; Located at 18321 Parkway, zip code 23410, in the Accomack County Airport Industrial Park.; Three single-story buildings, built in 1980, extensively renovated in 2018; Class C rating, light industrial zoning.