Rare Light Industrial Building with Development Potential

Industrial for Sale
Catylist Listing ID: 30352016
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Light Industrial
Building Size (RSF): 7,200 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $1,450,000
Unit Price: $201.39 PSF
Ceiling: 16 ft. / 14 ft. Clear
Docks/Doors: 3 Doors
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/28/2020

Overview / Comments

Rare industrial building with development opportunity allowing up to 10,000 square feet of additional space in a separate building on two floors with approved site plan. Septic and drainage upgrades have been completed to accommodate new building. Convenient location in Ivy. High ceilings with no intervening columns.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Tax ID/APN: 449345908743
Property Condition: Good
Year Built: 2002
Eave Height: 14
Zoning Description: Light Industrial
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,502 4,275 16,056
Median Age: 47.19 46.13 44.99
Households: 581 1,610 6,250


Photograph of Listing Agent

Joseph Bonistalli, Esq., CCIM

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