Formerly Marshall Construction Headquarters | 2690 Old Richmond Road
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Formerly Marshall Construction Headquarters 2690 Old Richmond Road
1,485 SF 100% Leased Office Building Danville, VA 24540 £74,333 (£50/SF)
Investment Highlights
- Online & Onsite Public Auction – Live Auction Onsite at the Property on Dec. 18th from 1:00-1:30 P.M.
- 2690 Old Richmond Rd. – 1.51 AC, Zoned Highway Business District B-2, 3 Commercial Buildings
- The tenant renting the office building is paying $1200 per month, lease ends on September 30, 2025
- 2652 Old Richmond Rd. – 1.36 AC, Zoned Heavy Industrial M-2, Vacant Lot
- Minutes to Danville Airport
- The 1.36 AC parcel (Zoned M-2) offers a great equipment laydown area
Executive Summary
This prime commercial property package in Danville, VA offers a unique investment opportunity. The 1.36-acre vacant lot at 2652 Old Richmond Road, zoned M-2 for heavy industrial use, presents ideal development potential for manufacturing, warehousing, or distribution. The adjacent 1.51-acre property at 2690 Old Richmond Road, zoned B-2 for highway business, includes three commercial buildings suitable for retail, office, or mixed-use purposes. With a combined land area of 2.87 acres and a strategic location on a high-traffic corridor with 4,200 vehicles daily, this property package offers significant flexibility and growth potential in a thriving market. • Online & Onsite Public Auction – Live Auction Onsite at the Property on Dec. 18th from 1:00-1:30 P.M.
NOTE: The List Price is NOT the Selling Price, but rather the Opening Bid at the auction.
NOTE: The List Price is NOT the Selling Price, but rather the Opening Bid at the auction.
Data Room Click Here to Access
- Title and Insurance
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Building Size
1,485 SF
Building Class
C
Year Built
2007
Price
£74,333
Price Per SF
£50
Percent Leased
100%
Number of Floors
2
Typical Floor Size
743 SF
Building FAR
0.01
Lot Size
2.87 AC
Opportunity Zone
Yes
Zoning
Industrial - 1.36 acres zoned M-2 and 1.51 acres zoned B-2
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PROPERTY TAXES
Parcel Number | 2338-05-3600 | Improvements Assessment | £160,559 |
Land Assessment | £23,630 | Total Assessment | £184,189 |
PROPERTY TAXES
Parcel Number
2338-05-3600
Land Assessment
£23,630
Improvements Assessment
£160,559
Total Assessment
£184,189
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Formerly Marshall Construction Headquarters | 2690 Old Richmond Road
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