Property profile

23147 Hubbards Rd Remington, VA 22734

OFF-MARKET
Commercial real estate
Property ID
US87-2079207
1,200 SF 1.86 ac lot Built 2017
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property in Remington, VA, presents a unique build-to-suit opportunity. Situated on a 1.86-acre lot along US 29, this offering encompasses a total of 9,200 square feet of warehouse space. The main structure is a fully insulated and heated 8,000 square foot metal warehouse building, complemented by an additional 1,200 square foot warehouse. The property boasts ample outdoor storage space, ideal for equipment or materials. Power is provided by a single-phase electrical system with 200 amps. Conveniently located, the site offers access to well water and a septic system. Furthermore, Starlink internet connectivity is available. The property's tax ID number is 34-67. This turnkey solution combines existing and new construction, offering immediate occupancy and significant potential for various industrial uses. The strategic location on US 29 ensures excellent accessibility and visibility. This is an exceptional opportunity for businesses seeking a well-equipped and conveniently located industrial space. The combination of ample warehouse space, outdoor storage, and readily available utilities makes this property a highly desirable investment. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Total area 1,200 SF
Lot 1.86 ac (81,022 SF)
Zoning code LI
APN 34- - - - 67
UPID US87-2079207

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
  • Auto Repair Shop

Location

23147 Hubbards Rd Remington, VA 22734-1802
Remington metro Census 930400 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2016
4 recorded transactions
2017
Price N/A
2017
Price N/A
2016
$31,500
1969
Price N/A

Zoning & alternative use

LI · Remington, VA

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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