37 Millrace DrLynchburg, VA 24502
- Industrial properties
- 80,000 SF
Property Details for 37 Millrace Dr
- Year built
- 1995
- Lot size
- 11.18 AC
- Property size (Sq ft)
- 80,000 SF
- Zone code
- I2
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 242 13 012
- APU
- 24213012
Description
This exceptional 7,917 square foot industrial property in Lynchburg City is perfect for a single tenant seeking a blend of warehouse and office space. The building features a spacious 3,865 square foot warehouse area, boasting a 24-foot eave height, three 8x8-foot dock doors, a comprehensive sprinkler system, energy-efficient LED lighting, a backup generator for reliable power, and 24/7 security and access for peace of mind. The warehouse space is fully conditioned, ensuring a comfortable and productive work environment year-round. In addition to the warehouse, the property includes 4,052 square feet of fully conditioned office space, designed with modern finishes. This office area offers a flexible layout incorporating a mix of private offices and cubicles, catering to diverse business needs and team structures. The property is classified as Industrial, Land, and is categorized as a Warehouse, Flex, and Commercial space. The single-tenant occupancy makes this an ideal solution for businesses seeking a dedicated and secure location. This property is located at 37 Millrace Drive in Lynchburg City County. The property's combination of warehouse and office space, coupled with its advanced features and security, presents a compelling opportunity for a variety of businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $13,687,358
- Hospitality
- $12,537,547
- Educational
- $10,431,092
- Medical
- $10,789,833
- Retail
- $16,226,143
Location Insight
- City
- Lynchburg
- County
- Lynchburg City
- State
- Virginia
- Latitude
- 37.3704
- Longitude
- -79.2362
- CBSA code
- 31340
- CBSA name
- LYNCHBURG, VA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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