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    OFF-MARKET
    Warehouses

    2701 Stuarts Draft Hwy, Stuarts Draft, VA 24477-2751

    12,376 SF 0.4 ac lot Built 1959
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US87-3301493
    Property summary
    AI-generated overview

    This exceptional 17,000-square-foot flex/warehouse property in Stuarts Draft, Virginia, presents a compelling investment opportunity. Located at 2701 Stuarts Draft Highway, this strategically positioned industrial space sits on a 1.18-acre lot, boasting excellent visibility and frontage on Route 340. The building, constructed in 1959, features a durable metal roof and is zoned for General Business use, offering versatility for a range of commercial applications. Its convenient location offers high visibility, situated directly across from a Walgreens and near a newly constructed Starbucks, ensuring significant foot traffic and brand recognition. The property's substantial size provides ample space for warehousing, manufacturing, or flex-use operations. Currently occupied by a short-term tenant, this presents an ideal chance for immediate income generation or future redevelopment. The property's solid construction and prime location make it an attractive prospect for both investors and businesses seeking a well-established presence in a thriving area. The Augusta County address, with a 24477 zip code, provides easy access to major transportation routes, further enhancing its appeal. Detailed information is available upon request.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1959
    Total area 12,376 SF
    Lot 0.4 ac (17,424 SF)
    Zoning code GENERAL BUSINESS
    APN 084A 5 57A
    UPID US87-3301493
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    DAVID E COHRON
    DAVID E COHRON
    Zoning & alternative use
    GENERAL BUSINESS · Stuarts Draft, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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