5688 Us-29 Blairs, VA 24527
Exceptional investment opportunity: a 6,000 square foot commercial metal building situated on a spacious 5.7-acre lot in Blairs, Virginia. This property boasts convenient access to the 58/29 Danville Bypass, offering excellent visibility and accessibility. The building, constructed in 1993 by Varco Pruden, features a versatile layout. Approximately half is dedicated to finished office space, including ten individual offices, an open work area, a breakroom, two restrooms, and substantial storage. The remaining half comprises warehouse/garage space and additional storage, benefiting from impressive 14'-16' ceilings. Three bay doors (two 10'x10' and one 12'x12') provide ample access for loading and unloading. The property is zoned B-2 and includes an existing barn suitable for storage. All vehicles and personal property will be removed prior to closing. Note that the propane tank is subject to a lease agreement with Davenport Energy. This property presents a unique blend of office and warehouse space, ideal for a variety of businesses. The asking price is $545,000. The property's APN is 2421-80-7900. The building is currently vacant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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