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Property profile & analytics
FOR LEASE
Commercial real estate

1160 Daniel Rd Axton, VA 24054

5.58 ac lot Built 1974
Entity Owned 5-yr Hold Free & Clear
Property ID
US87-2249853
Property summary
AI-generated overview

This exceptional 78,000-square-foot industrial property, located at 1160 Daniel Road in Axton, Virginia (zip code 24054), presents a significant opportunity for businesses seeking manufacturing or warehouse space. Situated on a generous 6.72-acre lot, this single-story Class C building offers ample room for operations. Constructed in 1970 and renovated in 1990, the property boasts a 13-foot ceiling height, providing excellent vertical storage capacity. The building features six dock-high doors and two drive-in doors for efficient loading and unloading. Power is supplied by a robust 3-phase, 2,200 amp, 240V, 4-wire system. The property is zoned for industrial use and is conveniently located between Danville and Martinsville, Virginia, offering easy access to major transportation routes. The entire 78,000 square feet is currently vacant and available for lease. The property's APN is #021480000. This is a single-tenant building with no elevators. This property is ideal for a variety of industrial uses, offering a substantial footprint and excellent access. The entire space is available for lease, making it perfect for a single large tenant or potentially subdividable for multiple occupants. Inquire today to learn more about this prime industrial real estate opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Lot 5.58 ac (243,108 SF)
Zoning code I1
APN 21480000
UPID US87-2249853
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
  • A C Furniture Co Inc Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Blue Empire LLC · 5 yrs held
Blue Empire LLC
since 2020
Last sale
$300,000
1 recorded transaction
2020
$300,000
Zoning & alternative use
I1 · Axton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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