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    Property profile & analytics

    9056 Oakville Rd Gladstone, VA 24553

    • Commercial real estate
    • 12.00 lot acres
    For Sale
    View listing
    $1,200,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-3046374
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • StallWorks, LLC - Horse Stalls, Barn Doors / Metal Fabricator / Laser Cutting Service
    • Wells Fabrication & Welding / Welder

    Property Details for 9056 Oakville Rd

    Year built
    1991
    Lot size
    12.00 lot acres
    Property type
    Commercial real estate
    APN
    18 A 88
    APU
    18A88

    Description

    This exceptional 33,643-square-foot industrial property in Gladstone, Virginia, presents a unique investment opportunity. Situated on 10 acres at 9056 Oakville Road, this Class B facility boasts two buildings, offering flexible space from 2,800 to 33,643 square feet. Built in 1991 and renovated in 2016, the property features a 22-foot ceiling height, ample parking (75 spaces), and convenient access to major roadways including US Route 60 and US Route 460. Loading options are plentiful with 12 dock-high doors, 4 drive-ins, and multiple grade-level doors. The property includes 1,830 square feet of office space and benefits from 480 AMP 3-phase power, served by well and septic, and Columbia Natural Gas. Zoned A-1 with a Conditional Use Permit, this versatile facility offers a mix of warehouse, manufacturing, flex, and distribution space, making it ideal for a variety of uses. A portion of the main warehouse is currently leased on a short-term basis, expiring at the end of summer. The second building, totaling 2,880 square feet, features two grade-level sliding doors with concrete loading pads. The property's 500-foot frontage on Oakville Road provides excellent visibility and accessibility. This subdividable property is located in Appomattox County, near Gladstone, and offers significant potential for future development or expansion.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $475,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $435,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $470,000
      Retail
      $470,000
      Mixed-Use
      $435,000
      Hospitality
      $450,000
      Educational
      $420,000
      Residential Income
      $495,000
      Energy
      $500,000
      Income-Based Land
      $490,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Gladstone
    County
    Appomattox
    State
    Virginia
    Longitude
    -78.8583
    Latitude
    37.4843
    CBSA code
    31340
    CBSA name
    LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,051
    $55,000
    $221,300
    $276,300
    -
    $55,000
    $221,300
    $276,300

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    9056 Oakville Rd
    Gladstone, VA 24553
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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