Property profile

1371 Oil Terminal Rd Blue Ridge, VA 24064

OFF-MARKET
Warehouses
Property ID
US87-2071048
7,200 SF 7 ac lot Built 1964
Entity Owned 2-yr Hold
Saved · see the list in your Dashboard

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 Warehouses
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

Location

1371 Oil Terminal Rd Blue Ridge, VA 24064
Blue Ridge metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2024
1 recorded transaction
2024
$502,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1371 Oil Terminal Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message