Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    201 Production Dr Yorktown, VA 23693-4027
    Back to Search
    Property profile & analytics

    201 Production Dr, Yorktown, VA 23693-4027

    View on Map
    • Industrial properties
    • 12,856 SF
    • 0.86 lot acres
    Off-Market
    Last Sale Mar 1, 2024
    $950,000
    Property ID
    US87-0360388
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $950,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Peacock Business Solutions / Marketing & Advertising
    • Kubilins Transportation Group, Inc / Engineering Consultant / Civil Engineer
    • Blackbird Industries / Industrial Manufacturer / Production Facility

    Property Details for 201 Production Dr

    Year built
    1985
    Lot size
    0.86 lot acres
    Zone code
    LIMITED INDUSTRIAL
    Property type
    Industrial properties
    APN
    S03C-2047-0567
    APU
    S03C20470567

    Description

    This exceptional 13,000-square-foot industrial property in Yorktown, Virginia's Bethel Industrial Park, presents a unique investment opportunity. Located at 201 Production Dr, Yorktown, VA 23693, this single-building complex offers a flexible layout suitable for various distribution and warehouse needs. Built in 1985, the property boasts a 14-foot ceiling height, providing ample vertical storage space. Three loading docks ensure efficient loading and unloading operations. The building is equipped with 3-phase power and gas heating, guaranteeing reliable utility services. The property sits on 0.86 acres and includes a fenced yard, offering secure outdoor storage. The 7,238 square foot building features grade-level loading for ease of access. Currently, the entire 13,000 square feet is vacant, allowing for complete customization to suit a tenant's specific requirements. The property is zoned IL (Limited/Light Industrial), making it ideal for a range of industrial uses. This prime location in York County offers easy access to major transportation routes, enhancing logistical efficiency. This is an excellent opportunity to acquire a well-maintained industrial space in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $950,000
      ML approach
      $950,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,144,000
      Market price range: $1.14M - $2.14M
      AI Estimate
      $700,000
      Market price range: $678k - $1.23M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,520,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    York
    State
    Virginia
    Longitude
    -76.4623
    Latitude
    37.1115
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,279
    $246,700
    $601,800
    $848,500
    -
    $246,700
    $601,800
    $848,500

    Comparable in this City

    • Value Estimation by Request
      0.46 Acres

      104 Oriana Rd

      INDUSTRIAL (GENERAL)
      104 Oriana Rd, Yorktown, VA 23693
      View Details
    • Value Estimation by Request
      5,150 SF

      128 Production Dr

      INDUSTRIAL (GENERAL)
      128 Production Dr, Yorktown, VA 23693-4024
      View Details
    • Value Estimation by Request
      5,000 SF

      2815 George Washington Mem Hwy

      INDUSTRIAL (GENERAL)
      2815 George Washington Mem Hwy, Yorktown, VA 23693-3414
      View Details
    • Value Estimation by Request
      0.34 Acres

      2819 George Washington Mem Hwy

      INDUSTRIAL (GENERAL)
      2819 George Washington Mem Hwy, Yorktown, VA 23693
      View Details
    • Value Estimation
      $610,000
      9,051 SF

      106 Industry Dr

      INDUSTRIAL (GENERAL)
      106 Industry Dr, Yorktown, VA 23693-3521
      View Details
    • Value Estimation by Request
      5,712 SF

      104 Production Dr

      INDUSTRIAL (GENERAL)
      104 Production Dr, Yorktown, VA 23693-4024
      View Details

    Similar Nearby for Sale

    • $1,200,000
      9,051 SF

      Multi-Use Commercial Building

      Turnkey showroom, office, and warehouse space with steel construction, multiple bays, and ample parking for flexible use.
      106 Industry Dr, Yorktown, VA 23693
      View Details
    • New
      $495,000
      2,000 SF

      Duplex Flex Retail Industrial Building

      Vacant front duplex offers flexible commercial space for two tenants or one expandable operator with strong visibility and parking.
      1126 George Washington Memorial Hwy, Yorktown, VA 23693
      View Details
    • $125,000
      0.95 Acres

      Commercial Land in Yorktown, VA

      Commercial land for sale in Yorktown, Virginia.
      2045 Hampton Hwy, Yorktown, VA 23693
      View Details
    • $150,000
      3.93 Acres

      Yorktown, VA Land Available

      3.93 acre commercial land for sale in Yorktown, VA.
      132 Kirby Ln, Yorktown, VA 23693
      View Details
    • $695,000
      1.24 Acres

      Commercial Land on Route 17

      Commercial land for sale with road frontage and parking.
      2019 George Washington Memorial Hwy, Yorktown, VA 23693
      View Details
    • Contact for pricing

      Yorktown Land For Sale

      Land available for sale in Yorktown, Virginia.
      1920 George Washington Mem Hwy, Yorktown, VA 23693
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      Retail Space in Village Square

      Retail space for lease in Yorktown's Village Square.
      5005 Victory Blvd, Yorktown, VA 23693
      View Details
    • Contact for pricing
      2,110 SF

      Yorktown Retail Space Available

      Retail space available for lease in Yorktown, Virginia.
      1213 George Washington Memorial Hwy, Yorktown, VA 23693
      View Details
    • Contact for pricing
      1,750 SF

      Yorktown Retail Space Available

      Retail space available for lease in Yorktown, Virginia.
      1215 George Washington Mem Hwy, Yorktown, VA 23693
      View Details
    • Contact for pricing
      2,400 SF

      Yorktown Retail Space Available

      Retail space available for lease in Yorktown, Virginia.
      3301 Hampton Hwy, Yorktown, VA 23693
      View Details
    • Contact for pricing
      1,620 SF

      Yorktown Office Space For Rent

      Office space with high-quality finishes and ample parking.
      501 Village Ave, Yorktown, VA 23693
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    201 Production Dr
    Yorktown, VA 23693-4027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    201 Production Dr, Yorktown, VA, 23693
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!