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8305 Lankford Hwy Oak Hall, VA 23416-2120

OFF-MARKET Commercial real estate Google Maps
0.6 ac lot
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US87-3215714

Property summary

AI-generated overview

This 3,200-square-foot warehouse, situated on a 0.6-acre lot at 8305 Lankford Hwy in Oak Hall, Virginia (zip code 23416), presents a significant leasing opportunity. Built in 1973, this single-story metal building boasts a prime location at a major intersection with a traffic light, ensuring high visibility. The property features approximately 2,500 square feet of open space, ideal for various commercial uses, plus an additional room on the north side. Both areas include roll-up delivery doors, facilitating efficient loading and unloading. Ample parking is available both in front and behind the building. The property is offered as-is, with a monthly rental rate of $4,000. The landlord is open to negotiating certain building improvements. While the building currently lacks a bathroom, electricity, heating, and air conditioning, the landlord has recently installed underground plumbing in the rear south area for future needs. The zoning is Commercial & Industrial. Note that food-related businesses are not permitted due to septic limitations. The building has two electrical panels in the north room

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.6 ac (26,136 SF)
APN 026C0A000002200
UPID US87-3215714

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
  • Discount Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

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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