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Property profile & analytics
OFF-MARKET
Distribution centers

1371 Oil Terminal Rd Blue Ridge, VA 24064

7,200 SF 7 ac lot Built 1964
Entity Owned 2-yr Hold
Property ID
US87-2071048
Property summary
AI-generated overview

This exceptional 7,200-square-foot industrial property, located at 1371 Oil Terminal Road in Blue Ridge, Virginia, presents a unique investment opportunity. The single-tenant building, constructed in 1964, seamlessly blends warehouse and office space, ideal for a variety of businesses. Situated on a substantial 7-acre lot, the property boasts approximately 4.5 acres of fenced, graveled, and paved area, providing ample space for storage, operations, or expansion. The zoning is designated as AP. The property's convenient location just off Route 460 offers easy access to the Roanoke and Lynchburg markets, making it an attractive option for companies seeking a strategic location to serve a wider customer base. The single-story building is comprised of 7,200 square feet of total space. The property's APN is 87 A 193. Additional land may be available for acquisition upon request. This property represents a compelling combination of functional space, strategic location, and significant land area, making it an ideal choice for businesses seeking to establish or expand their operations in the Blue Ridge area. The zip code is 24064.

Property profile
Verified
Property type Distribution centers
Year built 1964
Total area 7,200 SF
Lot 7 ac (304,920 SF)
UPID US87-2071048
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ryt LLC · 2 yrs held
Ryt LLC
since 2024
1 recorded transaction
2024
$502,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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