500 Nautica Way
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500 Nautica Way
500,000 SF Industrial Building Martinsville, VA 24112 For Sale
Investment Highlights
- Substantial parking and loading capabilities
- Back-up power: Caterpillar 3412 diesel generator (800 kw)
- Dual feed 34kV power infrastructure (Appalachian Power) 8-10 MW possible.
- Approximately 8 miles of conveyor
Executive Summary
Constructed in 2001 this modern Class A concrete tilt-up building features two floors of office space (40,000 SF total), dock height and drive-in loading, 36’ interior clear heights, and redundant (dual feed) power. The building is situated on a secure, 60-acre site with pad ready expansion capability to double the size of the warehouse area.
Property Facts
| Sale Type | Investment NNN | Year Built | 2001 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 1.15/1,000 SF |
| Building Class | A | Clear Ceiling Height | 36’ |
| Lot Size | 60.37 AC | No. Dock-High Doors/Loading | 38 |
| Rentable Building Area | 500,000 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | Opportunity Zone |
Yes
|
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | A |
| Lot Size | 60.37 AC |
| Rentable Building Area | 500,000 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Tenancy | Single |
| Parking Ratio | 1.15/1,000 SF |
| Clear Ceiling Height | 36’ |
| No. Dock-High Doors/Loading | 38 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
Utilities
- Lighting - LED
- Water - City
- Sewer - City
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PROPERTY TAXES
| Parcel Number | 112570002 | Improvements Assessment | $16,749,200 |
| Land Assessment | $1,218,100 | Total Assessment | $17,967,300 |
PROPERTY TAXES
Parcel Number
112570002
Land Assessment
$1,218,100
Improvements Assessment
$16,749,200
Total Assessment
$17,967,300
zoning
| Zoning Code | I1 (Industrial) |
| I1 (Industrial) |
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500 Nautica Way
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