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1641 Fairystone Park Hwy

1,500,000 SF 100% Leased Industrial Building Stanleytown, VA 24168 £9,780,625 (£7/SF)

Executive Summary

Pro forma cap rate of 29.97%
Parking for over 600 cars (180,000 sq ft for parking alone, over 40 loading docks. Nearby tenants include Food Lion, Hardee's, Dollar General, Family Dollar, CVS, MarathonGas, and Western Union.Located in Stanleytown, VAjust minutes from US Route 220 & State Route 57. Located approximately 1.5 miles west of four-lane US Hwy 220
providing access approx. 50 miles N of I-81 and Roanoke Airport, 13 Miles from Blue Ridge Regional Airport, 52 Miles from Greensboro Airport14.3 Miles from Martinsville
Speedway 13.5+/- Miles from Virginia/North Carolina state line.

Property Facts

Price £9,780,625
Price Per SF £7
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 54.00 AC
Rentable Building Area 1,500,000 SF
Number of Floors 1
Year Built 1950
Parking Ratio 0.4/1,000 SF
Clear Ceiling Height 25 ft
No. Dock-High Doors/Loading 44

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 113555008
  • 113556001
  • 113555002
Land Assessment
£425,027
Improvements Assessment
£1,772,797
Total Assessment
£2,197,824

zoning

Zoning Code I1 (Located in Stanleytown, VA with easy access to US Route 220 & State Route 57.)
I1 (Located in Stanleytown, VA with easy access to US Route 220 & State Route 57.)
  • Listing ID: 34143996

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 1641 Fairystone Park Hwy, Stanleytown, VA 24168

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