1787 Lockett Rd Rice, VA 23966
For Sale
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Position your business for success in this like-new commercial building, ideal for professional office users, educational programs, childcare operations, or service-based businesses seeking flexible, move-in-ready space. Situated on approximately one acre in a quiet, low-traffic setting adjacent to a church with limited event use, this property offers a peaceful and professional environment for both staff and clients. Built in 2020, the nearly 3,000 square foot layout is thoughtfully designed with four spacious rooms, each with its own private entrance, allowing for multiple uses, tenant flexibility, or departmental separation. The building also features shared multi-stall restrooms, dual HVAC systems for efficiency and comfort, abundant natural and overhead lighting, and full ADA accessibility. Ample on-site parking easily accommodates employees, clients, or visitors. Offered below current tax assessment and replacement cost, this is a strong value opportunity for an owner-user or investor looking to secure a newer construction asset without the delays and rising costs of building today. Private showings by appointment only, please schedule in advance to explore the potential of
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
