705 Regional Park RdLebanon, VA 24266

  • Industrial properties
  • 96,480 SF
For Sale
$5,200,000 View listing

Property Details for 705 Regional Park Rd

Lot size
10.99 AC
Property size (Sq ft)
96,480 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
104R 3814J1
APU
104R3814J1

Description

This 120,000-square-foot industrial facility in Lebanon, Virginia, is available for sale at $5,200,000 ($43.33/SF). Located on an 11.43-acre lot with security fencing, a guard gate, and automated gates for tractor-trailer access, this Class B building offers significant potential. Built in 1997, the property features one three-story building with approximately 12,000 square feet dedicated to office space. The main manufacturing area comprises two large bays with ceiling heights reaching nearly 40 feet and eave heights starting at 24 feet. The floors are designed to support heavy machinery. Supporting areas include lab space, a machine shop, water processing facilities, and air handling shops. The property boasts five loading docks, multiple drive-in doors, and 250 parking spaces. The permitted zoning is M-2, and the property is offered fee simple and is currently vacant. Given the ongoing industrial development in Russell County and Virginia, potential buyers may be eligible for local and state incentives. This versatile property is ideal for a variety of industrial uses. The APN is 104R3814J1.

705 Regional Park Rd, Lebanon, Virginia
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Location Insight

City
Lebanon
County
Russell
State
Virginia
Latitude
36.901
Longitude
-82.0475

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,808
$659,600
$1,532,200
$2,191,800
-
$659,600
$1,532,200
$2,191,800

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