200 Learner Ln Blairs, VA 24527-2329
This exceptional investment opportunity encompasses a substantial 100,000-square-foot warehouse situated on an expansive 11.9-acre lot in Blairs, Virginia. The property is comprised of three parcels, offering significant flexibility and potential for diverse uses. The main warehouse, situated on an 8.13-acre parcel zoned M-2 Heavy Industrial, boasts 20-foot ceilings, eight loading docks, and two bay doors, making it ideal for various industrial operations. The warehouse also includes approximately 9,000 square feet of office space. The property features both wet and dry sprinkler systems (four total) for enhanced safety. Water service is provided by the Pittsylvania County Service Authority, while sewer is handled by a septic tank. Note that an abandoned rail siding is present on the property; contact Southern Railway for details. In addition to the warehouse, the property includes a 3.78-acre vacant lot zoned B-1, and a separate 1,306-square-foot house on 1.3 acres zoned R-1. The house features two bedrooms, one full bath, a kitchen, dining room, and living room. This multi-parcel property presents a unique opportunity for investors seeking a large-scale industrial asset with significant expansion potential. The asking price is $1,400,000, representing a price per square foot of $14. The property's location in Blairs, Virginia, offers convenient access to major transportation routes.
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Davis Storage Storage Facility
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Sips of America General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Blairs, VABlairs. Always verify with local authorities before improvements.
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.