For Sale
$5,200,000

705 Regional Park Rd Lebanon, VA 24266

120,000 SF Flex Space, VA

Overview

Added:
Dec 11, 2024
Days on market:
138
This 120,000-square-foot industrial facility in Lebanon, Virginia, is available for sale at $5,200,000 ($43.33/SF). Located on an 11.43-acre lot with security fencing, a guard gate, and automated gates for tractor-trailer access, this Class B building offers significant potential. Built in 1997, the property features one three-story building with approximately 12,000 square feet dedicated to office space. The main manufacturing area comprises two large bays with ceiling heights reaching nearly 40 feet and eave heights starting at 24 feet. The floors are designed to support heavy machinery. Supporting areas include lab space, a machine shop, water processing facilities, and air handling shops. The property boasts five loading docks, multiple drive-in doors, and 250 parking spaces. The permitted zoning is M-2, and the property is offered fee simple and is currently vacant. Given the ongoing industrial development in Russell County and Virginia, potential buyers may be eligible for local and state incentives. This versatile property is ideal for a variety of industrial uses. The APN is 104R3814J1.

Highlights

  • $5,200,000 asking price for a 120,000 SF industrial property.
  • Vacant, 120,000 SF flex/manufacturing/warehouse building on 11.43 acres in Lebanon, VA.
  • Class B building, built in 1997, with three stories.
  • Features 250 parking spaces, 5 loading docks, and 4 dock-high doors.
  • Ceiling heights range from 26' to 40', with heavy-duty floors suitable for heavy machinery.

Property Details for 705 Regional Park Rd

Property type
Warehouses, Industrial properties
Square Feet
120,000 SF
Class
B
Year Built
1997
Buildings
1
Stories
3
Lot Size (sq. ft)
497,891 SF

Location Insight

City
Lebanon
County
Russell
State
Virginia
Latitude
36.9010148
Longitude
-82.047354

FAQs

What type of property is this?
Warehouse - 120,000 SF Flex Space, VA
Where is the warehouse located?
The property is located at 705 Regional Park Rd Lebanon, VA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: $5,200,000 asking price for a 120,000 SF industrial property.; Vacant, 120,000 SF flex/manufacturing/warehouse building on 11.43 acres in Lebanon, VA.; Class B building, built in 1997, with three stories.
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705 Regional Park Rd
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