Property profile

623 Welsh Run Rd Ruckersville, VA 22968

FOR LEASE
Warehouses
Property ID
US87-3210010
120,000 SF 23 ac lot Built 88
Entity Owned 6-yr Hold
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623 Welsh Run Rd, Ruckersville, VA 22968 For Lease
Contact for pricing 14,876 SF available
623 Welsh Run Rd, Ruckersville, VA 22968
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Property summary

AI-generated overview

Tall Oaks Technology Center, located at 623 Welsh Run Rd in Ruckersville, Virginia, presents a unique opportunity for businesses seeking flexible and adaptable space. This 120,000 square foot multi-use facility offers a variety of configurations, catering to traditional office, medical office, creative office, coworking, warehouse, flex, R&D, and distribution needs. Currently, 50,000 square feet of space is available, divisible into units as small as 5,000 square feet and up to a contiguous 50,000 square feet. The building features high 18-foot ceilings, one loading dock, and ample parking with 350 spaces. Built in 1988 and meticulously maintained, the property boasts abundant natural light and is in excellent condition. The property sits on 23 acres of land and is zoned M-2. Its convenient location offers easy access to Charlottesville and Charlottesville-Albemarle Airport (CHO), making it an ideal location for businesses seeking a blend of functionality and accessibility. The building's diverse suite options, ranging from small to large, provide scalability for businesses of all sizes. This exceptional property offers a rare combination of office, warehouse, and lab space all within one facility.

Property profile

Verified
Property type Warehouses
Year built 88
Total area 120,000 SF
Lot 23 ac (1,001,880 SF)
UPID US87-3210010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Factory
  • Training Center

Location

623 Welsh Run Rd Ruckersville, VA 22968
Ruckersville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2020
3 recorded transactions
2025
Price N/A
2021
Price N/A
2020
$3.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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