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    OFF-MARKET
    Warehouses

    3920 Puddledock Rd, Prince George, VA 23875-1305

    13,292 SF 6.71 ac lot Built 1978
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US87-1703927
    Property summary
    AI-generated overview

    This exceptional 13.29-acre industrial property in Prince George, Virginia, presents a lucrative investment opportunity. Located at 3920 and 3940 Puddledock Rd (PID 110(06)00-00B-0; 110(06)00-00C-0; 110(06)00-00D-0), this M-1 zoned land boasts 16 existing tenants generating substantial rental income from various buildings, storage units, and land/parking spaces. Two storage bays and a large shop will become available upon closing, offering immediate owner-occupancy potential or further rental income. The property's strategic location provides easy access to Interstate 95 and 295, as well as proximity to Fort Gregg Adams. The ample space allows for significant expansion and increased rental income, making it ideal for construction, excavation, landscaping, storage, or similar businesses. This multi-parcel offering presents a rare chance to acquire a well-established, income-producing industrial property with considerable growth potential in a prime location. The asking price is $1,800,000. This is a turnkey operation with existing infrastructure and a proven track record of successful tenancy. The property offers excellent signage opportunities and is conveniently situated between Vulcan and Red Hill Trailer Park.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1978
    Total area 13,292 SF
    Lot 6.71 ac (292,288 SF)
    Zoning code I-2
    APN 110(06)00-00D-0
    UPID US87-1703927
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    LARRY D DINGAS
    LARRY D DINGAS
    Zoning & alternative use
    I-2 · Prince George, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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