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Property profile & analytics
FOR SALE
Warehouses

47 Lee Hwy Verona, VA 24482

12,462 SF 0.74 ac lot Built 1971
Entity Owned 3-yr Hold Free & Clear
Property ID
US87-3326273
Property summary
AI-generated overview

This exceptional commercial real estate opportunity presents a portfolio of four buildings totaling 14,824 square feet, situated on a 2.34-acre lot in Verona, Virginia. The property's strategic location offers unparalleled access to Interstate 81, ensuring convenient transportation and accessibility for businesses and employees. Its proximity to the Augusta County Government Center further enhances its appeal and potential for a wide range of commercial ventures. The versatile buildings are well-suited for a variety of uses, including office space, retail establishments, or flexible industrial operations. Each building offers ample space and potential for customization to meet specific business needs. The presence of a dock adds significant functionality, particularly for businesses requiring loading and unloading capabilities. This portfolio represents a rare opportunity to acquire a substantial commercial property in a high-demand location, offering significant potential for growth and return on investment. The asking price for this exceptional property is $1,600,000. Serious inquiries are encouraged. Detailed building specifications and floor plans are available upon request.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1971
Total area 12,462 SF
Lot 0.74 ac (32,322 SF)
Zoning code GENERAL BUSINESS
APN 046A 2 16
UPID US87-3326273
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
Current use
Occupant on record · Public records
  • AWP Safety Construction Company General Contractor
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
Augusta County Of · 3 yrs held
Augusta County Of
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
GENERAL BUSINESS · Verona, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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