4376 Lankford Hwy Exmore, VA 23350-2308
This well-maintained, multi-tenant executive office building in Exmore, Virginia, presents a compelling investment opportunity or the perfect space for your business needs. Located on Lankford Highway (Rt. 13), the property boasts excellent visibility and convenient access. The 3,934 square foot building features three units: Unit 1 (1,594 sq ft), Unit 2 (1,460 sq ft), and Unit 3 (880 sq ft). Currently, two of the three units are leased, offering immediate income potential. The building includes ample parking (11 spaces) and significant attic storage. The property is equipped with heat pumps for heating and cooling, and features carpet, vinyl/asphalt/tile flooring. The roof is composition, and the building utilizes a well for water and a septic system for sewer. Floor plans and septic information are available upon request. The building was constructed in 2000 and is zoned for commercial use. This is a turnkey opportunity with strong potential for growth and return on investment. Don't miss this chance to acquire a prime commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.