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Property profile & analytics
OFF-MARKET
Warehouses

13665 Spotswood Trl McGaheysville, VA 22840

91,000 SF Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 91,000 square foot industrial property, situated on a 5-acre lot in Rockingham County, presents a unique lease or purchase opportunity. Currently under construction and slated for completion in 2023, this single-story building offers flexible space ideal for various industrial and warehouse needs. Tenants can lease a minimum of 10,000 square feet up to a maximum contiguous space of 50,250 square feet, with the entire 91,000 square foot building also available for lease. A build-to-suit option for purchase is also being considered by the owner. The property boasts 29' clear span ceilings, multiple loading docks, and ample paved/gravel parking (11 spaces total). The building is zoned M-1 IndGen and features three-phase power. Located on Spotswood Trail (Route 33) between McGaheysville and Elkton, this prime location provides high daily traffic counts and convenient access to Harrisonburg, Interstate 81/64, and Route 29. The lease rate of $7.50 per square foot per year is a gross lease (no NNN charges). The warm shell space allows for tenant-specific build-outs. The APN is 129-(A)-L179A. Construction will commence upon execution of a lease agreement for all or a portion of the building.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 91,000 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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