1.2 Acres Lot
1.2 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAFV2041492
Year Built 1952
Annual Tax Amount $6,156
Tax Year 2025
Lot Size 1.200 Acres
Acres 1.2
Property Sub-Type Industrial
Source BRIGHT
Property Description
The building is configured into three suites totaling approximately 24,753 ± SF, with one suite currently vacant. The available suite comprises approximately 11,600 ± SF and features a functional industrial/flex layout, including approximately 1,800 ± SF of office/mezzanine and 9,800 ± SF of warehouse space. The space includes loading, 3-phase power, and on-site parking, making it well suited for contractor, service, light production, or distribution users.
The property currently generates $92,499.96 in-place NOI, reflecting income from the two occupied suites. The vacant suite is not contributing income at this time but represents a near-term lease-up opportunity. Upon stabilization, assuming lease-up at the current asking rent of $8,691 per month on a triple net basis, the property is projected to generate $196,791.96 in NOI.
This offering presents an opportunity to acquire an asset with current cash flow and meaningful upside through lease-up, with flexibility for both investors and potential owner-users.
Location
State VA
County Frederick
Zoning M2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 54-A-55
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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