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Property profile & analytics
OFF-MARKET Estimated value $1,930,000
Medical Office Space

544 Clydes Way Dr Lebanon, VA 24266

87,088 SF 14 ac lot Built 1985
Individually Owned Free & Clear
Property ID
US87-3218259
Property summary
AI-generated overview

This exceptional 93,089-square-foot industrial property, situated on a spacious 14-acre lot in Lebanon, Virginia's Russell County Industrial Park, presents a compelling investment opportunity. Built in 1985, this single-story building boasts a 14-foot minimum ceiling height, six-bay loading dock, and an expansive overhead door, catering to efficient distribution and manufacturing operations. The property includes an updated office area, enhancing functionality and administrative space. The warehouse features 3-phase power and floor depth ranging from 6 to 10 inches. The substantial lot size offers significant expansion potential, allowing for future growth and development. This prime location within an established industrial park provides easy access to transportation networks and essential infrastructure. The asking price is $2,200,000, translating to $23.63 per square foot. The property's APN is 117R2709F. This is a rare opportunity to acquire a well-maintained, expansive industrial facility with considerable room for expansion in a desirable location. Don't miss out on this chance to secure a strategic asset for your business.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Total area 87,088 SF
Lot 14 ac (609,840 SF)
APN 117R 2709F
UPID US87-3218259
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
$1.79M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.52M
Blend (final) Blend
$1.93M
Owner & transaction history
Appalachian Highlands Housing Partn
Appalachian Highlands Housing Partn
since 2025
Last sale
$2.0M
5 recorded transactions
2025
Price N/A
2025
$2.0M
2020
$1.4M
2019
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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