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Property profile & analytics
OFF-MARKET Estimated value $2,430,000
Commercial real estate

26455 Newbanks Rd Abingdon, VA 24210-7632

48,250 SF 4.02 ac lot Built 1992
Entity Owned 1-yr Hold Free & Clear
Property ID
US87-1585946
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 26455 Newbanks Road, Abingdon, VA 24210, presents a unique opportunity for businesses seeking expansive warehouse, manufacturing, distribution, flex, or R&D space. The single-tenant building boasts a substantial 62,250 square feet of vacant space, ready for immediate occupancy. Built in 1992, the structure sits on a generous 4.02 acres of land, offering ample room for expansion or outdoor operations. The warehouse features a desirable 22-foot ceiling height, providing significant vertical storage capacity. Convenient loading and unloading is ensured with two loading docks, two dock-high doors, and two drive-in doors. The property's strategic location near Interstate 81, Exit 22, provides excellent access to major transportation routes, enhancing logistical efficiency. The property's address is further identified by its cross streets, Enterprise Road and Newbanks Road, and its APN is 086-3-3B. This turnkey solution offers immediate access to a highly functional and well-maintained industrial space, ideal for a variety of business needs. The property is available for both sale and lease, presenting flexibility for potential buyers and tenants. Don't miss this chance to secure a prime industrial asset in a thriving location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Total area 48,250 SF
Lot 4.02 ac (175,111 SF)
Zoning code M1 INDUSTRIAL LIMITED
APN 086 3 3B
UPID US87-1585946
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.40M
Blend (final) Blend
$2.43M
Owner & transaction history
Chasan LLC · 1 yrs held
Chasan LLC
since 2025
Last sale
$2.6M
3 recorded transactions
2025
$2.6M
2021
$1.7M
2010
Price N/A
Zoning & alternative use
M1 INDUSTRIAL LIMITED · Abingdon, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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