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501 Oliver Hill Way

38,796 SF Industrial Building Richmond, VA 23219 $2,400,000 ($62/SF)

Warehouses Virginia Richmond 501 Oliver Hill Way, Richmond, VA 23219

Executive Summary

• Existing 38,796 SF brick/concrete structure
• New roof installed in May 2022!
• 0.852 acres
• Two stories existing
• Dock and drive-in loading
• Off-street parking
• Zoned B-5 A Special Use Permit (SUP) allowing warehouse, brewery and
food and beverage manufacturing uses
• Immediate I-95 access; I-95 visibility
• Under new roof: Covered land play opportunity
• 100% leased until June 30, 2025
• Sale Price: $2,400,000
• OPPORTUNITY ZONE

Attachments

501OliverHillWay

Property Facts Under Contract

Price $2,400,000 No. Stories 2
Price Per SF $62 Year Built 1965
Sale Type Investment Tenancy Single
Property Type Industrial Parking Ratio 3.11/1,000 SF
Property Subtype Warehouse Clear Ceiling Height 14 FT
Building Class C No. Dock-High Doors/Loading 2
Lot Size 0.85 AC No. Drive In / Grade-Level Doors 4
Rentable Building Area 38,796 SF Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $2,400,000
Price Per SF $62
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.85 AC
Rentable Building Area 38,796 SF
No. Stories 2
Year Built 1965
Tenancy Single
Parking Ratio 3.11/1,000 SF
Clear Ceiling Height 14 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • 24 Hour Access
  • Bus Line

Utilities

  • Water
  • Sewer
1 of 1
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number E000-0248-001 Improvements Assessment $412,000
Land Assessment $1,057,000 Total Assessment $1,469,000

PROPERTY TAXES

Parcel Number
E000-0248-001
Land Assessment
$1,057,000
Improvements Assessment
$412,000
Total Assessment
$1,469,000

zoning

Zoning Code B-5
B-5
(804) 929-8607

Contact

  • Listing ID: 29995343

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 501 Oliver Hill Way, Richmond, VA 23219

More public record information on 501 Oliver Hill Way, Richmond, VA 23219

The Industrial Property at 501 Oliver Hill Way, Richmond, VA 23219 is currently available for sale. Contact Cushman & Wakefield | Thalhimer for more information.

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501 Oliver Hill Way
(804) 929-8607 x

501 Oliver Hill Way

Isaac DeRegibus

(804) 929-8607

(804) 929-8607

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