Technical
Financial
Distress signals
Property profile

222 Mtn Empire Rd Atkins, VA 24311

OFF-MARKET
Commercial real estate
Property ID
US87-1719833
76,736 SF 18.81 ac lot Built 1985
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A industrial property, totaling 76,700 square feet, presents a unique opportunity for manufacturing, distribution, or R&D operations. Situated on 18.81 acres with convenient I-81 Exit 50 access via Nicks Creek Road, this single-tenant building boasts a clean, open floor plan, ready for immediate occupancy. Constructed in 1993 and renovated in 2001, the facility features a 20-foot ceiling height, 600 feet of frontage, and ample parking with 350 spaces. Loading and unloading are efficient with 6 loading docks and 6 dock-high doors, complemented by 2 drive-in doors. The property is zoned I-1 Industrial and benefits from robust power supplied by AEP (2000 Amp, 480/240V, 3P, 4w). Property taxes are a competitive $0.10 per square foot. This one-story building offers significant potential for a variety of industrial uses. The property is also available for sale at $3,500,000. This is a rare opportunity to acquire a well-maintained, strategically located industrial facility in Smyth County. The expansive space and excellent infrastructure make this an ideal location for businesses seeking efficient operations and easy access to major transportation routes.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Total area 76,736 SF
Lot 18.81 ac (819,364 SF)
APN 48A2-2-7
UPID US87-1719833

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company

Location

222 Mtn Empire Rd Atkins, VA 24311-3162
Atkins metro Census 30400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.16M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.77M
Blend (final) Blend
$1.61M

Owner & transaction history

since 2023
Last sale
$1.5M
1 recorded transaction
2023
$1.5M

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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