Property profile

162 Tabor Ave Falls Mills, VA 24613

FOR LEASE
Other industrial properties
Property ID
US87-3120853
12,566 SF 0.72 ac lot Built 1965
Individually Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This industrial/light industrial building contains 11 bay door entrances, including five 10-foot-high doors and six 12-foot-high doors. The structure is supported by steel beams with interior clear heights of approximately 17 and 19 feet, and it includes a 5-ton overhead hook crane covering an area of about 99 feet by 14 feet. The interior configuration supports independent access, with separate entrance and accessibility provisions that allow each area to function separately. The building totals approximately 12,566 square feet and includes office space. It is positioned with access to U.S. Highways 460 and 19 and proximity to Interstate 77. Norfolk Southern’s mainline runs through Tazewell County, providing bulk and mixed freight service as well as containerized piggyback and team track service. The property is located in a state-designated Enterprise Zone and is eligible for development incentive grants.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1965
Total area 12,566 SF
Lot 0.72 ac (31,363 SF)
APN 014A 01030018-0018A
UPID US87-3120853

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

162 Tabor Ave Falls Mills, VA 24613
Falls Mills metro Census 20200 BLUEFIELD, WV-VA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2014
3 recorded transactions
2018
Price N/A
2016
Price N/A
2014
$300,000

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
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More about this property
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