You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

978 Regional Park Rd Lebanon, VA 24266

54,683 SF 14.68 ac lot Built 2003
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 978 Regional Park Road in Lebanon, Virginia, offers a substantial 54,683 square feet of versatile space situated on a 14.68-acre lot. Built in 2003, this single-story steel-framed building features a concrete slab foundation and a mechanical attic. The property boasts a large parking lot with 442 newly sealed and marked paved spaces. The roof, a pitched/standing seam metal design, was fully replaced within the last 5-7 years. Interior features include acoustical ceiling tiles, painted drywall, and a combination of suspended LED and canned incandescent lighting. Ample restroom facilities are available, including two sets of men's and women's restrooms, one of which includes lockers and showers. The HVAC system comprises gas-fired rooftop heat package units, electric ground-mounted heat pumps, and a chiller system with two exterior units (104 and 170 ton) and four interior air handlers. A comprehensive wet sprinkler system provides full building coverage. Exterior improvements include concrete curbing, gutters, a dumpster pad, walkways, metal fencing, a metal storage building, and landscaping. The property also includes a large cafeteria with a kitchen, a fitness center, a lounge, break rooms, and a reception area. A 12' x 14' dock-high loading door facilitates efficient material handling. A stormwater management pond is situated along the road frontage. A separate structure houses a full-building generator with a 7,300-gallon fuel tank, ensuring reliable power. The interior layout includes multiple conference rooms, storage rooms, three large open bullpen office areas, and four large training rooms. High ceilings, measuring 12 feet throughout, contribute to a spacious and comfortable environment. Permitted uses are diverse and include, but are not limited to, retail, office, institutional, recreational, lodging, utility, and industrial applications.

Property profile
Verified
Property type Commercial real estate
Year built 2003
Total area 54,683 SF
Lot 14.68 ac (639,461 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 978 Regional Park Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message