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10991 Richardson Rd
Ashland, VA 23005

Industrial Property For Sale

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Investment Highlights

40,000 SF +/- Office/Warehouse Facility
5% +/- Cap Rate

Yard Area
Potential 7.5-8% Cap Rate Fully Leased

Executive Summary

• 26,727 SF Occupied by Roofing Supply Group
• 12,025 SF +/- Office Available
• 3 Acres +/-
• Zoned M-3
• Wet Sprinkler System
• 1600 amp 120/208 volt 3 phase
• 1.13 Acres +/- Concrete Yard Area
• 5% +/- Cap Rate
• Potential 7.5-8% Cap Rate Fully Leased
• FOR SALE: $2,950,000

PROPERTY FACTS

Sale Type	Investment	No. Stories	2
Cap Rate	5%	Year Built	1981
Property Type	Industrial	Parking Ratio	1.18/1,000 SF
Property Subtype	Distribution Industrial Warehouse	Clear Ceiling Height	22’
Building Class	C	No. Dock-High Doors/Loading	1
Lot Size	3.00 AC	No. Drive In / Grade-Level Doors	3
Rentable Building Area	39,882 SF	Cross Streets	Lickinghole Rd

Sale Type	Investment
Cap Rate	5%
Property Type	Industrial
Property Subtype	Distribution Industrial Warehouse
Building Class	C
Lot Size	3.00 AC
Rentable Building Area	39,882 SF
No. Stories	2
Year Built	1981
Parking Ratio	1.18/1,000 SF
Clear Ceiling Height	22’
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	3
Cross Streets	Lickinghole Rd

Amenities

Fenced Lot

Yard

PROPERTY TAXES

Parcel Number	7787-99-1595	Improvements Assessment	$2,038,000
Land Assessment	$561,600	Total Assessment	$2,599,600

PROPERTY TAXES

Parcel Number

7787-99-1595

Land Assessment

$561,600

Improvements Assessment

$2,038,000

Total Assessment

$2,599,600

zoning

Zoning Code	M-3 (Heavy Industrial District)
M-3 (Heavy Industrial District)

Learn More About Investing in Industrial Properties

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Listing ID: 13487458
Date on Market: 8/14/2018
Last Updated:
Address: 10991 Richardson Rd, Ashland, VA 23005

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