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Property profile & analytics
OFF-MARKET
Office Spaces

2000 Virginia Ave Collinsville, VA 24078

50,000 SF 8 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This exceptional 50,000-square-foot Class A office building in Collinsville, VA, presents a unique opportunity. Ideally suited for a call center, this single-tenant property boasts a "plug and play" setup, complete with 542 existing seats, numerous private offices, training rooms, break rooms, and a dedicated server room. Built in 1975 and extensively renovated in 2004 ($2.2 million investment) and again in 2015, the property features a 15-foot ceiling height and is situated on an 8-acre lot with ample parking (431 spaces). All cubicles, chairs, and office furniture remain, along with existing wiring and fiber infrastructure. A 500 KW Caterpillar diesel generator ensures reliable power, supplemented by Appalachian Power. The property benefits from its location on the Piedmont Area Regional Transit bus route and its designation within the Virginia Enterprise Zone, offering potential state and local incentives for job creation and real property investment. Zoned I-1, the building offers flexibility for alternative zoning-appropriate uses. Property taxes are $0.27 per square foot. Available July 2023.

Property profile
Verified
Property type Office Spaces
Year built 1975
Total area 50,000 SF
Lot 8 ac (348,480 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
Current use
Occupant on record · Public records
  • The Results Companies Telecommunications Service Tech Support Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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