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501 Truswood Ln

72,500 SF Industrial Building Newport News, VA 23608 For Sale

Executive Summary

501 Truswood Lane & 13143 Jefferson Avenue (two parcels) has two buildings on approximately 19.71 usable acres. The main building has approximately 60,000 square feet of warehouse space and approximately 5,000 square feet of office space. There is also an approximately 7,500 square foot detached/shop building. The Buildings are vacant and ready for occupancy. There are a number of month-to-month leases in place for yard space. One of those leases does not expire until November 30, 2026 with the option to extend for an additional six months. That lease represents approximately 2.675 acres.
High Points of the Property include: Year Built: 2001, Zoning: M-1 Light Industrial, Fire Suppression: Main Warehouse-Dry System, Loading Doors: Main Warehouse: 4-20’(H) X 24’(W) & Shop: 4-16’(H) X 16’(W) & 2-16’X22’(W), Ceiling Height: Main Warehouse: 20’ To 25’ Clear & Shop: 23’ To 27’ Clear, Electrical: Main Warehouse: 1,200 AMP, 480/240, Volt 3-Phase & Shop: 800 AMP, 480/240, Volt 3-Phase,Roof: Metal Roof Systems on the warehouse and shop buildings & Rubber membrane roof system over office area, Concrete Pad: Approximately 4 acres of concrete pad.
Pricing: The property is unpriced.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 19.71 AC
Rentable Building Area 72,500 SF
Number of Floors 1
Year Built 2001
Tenancy Single
Clear Ceiling Height 25 ft
Level Access Doors 6
Cross Streets Industrial Park Drive

Amenities

  • Fenced Lot
  • Signage
  • Roof Lights

Utilities

  • Lighting - Mercury
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064.00-01-02
Land Assessment
£482,224
Improvements Assessment
£2,975,501
Total Assessment
£3,457,725

zoning

Zoning Code M-1 (Light Industrial)
M-1 (Light Industrial)
  • Listing ID: 34133977

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 501 Truswood Ln, Newport News, VA 23608

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