8459 Wards RdRustburg, VA 24588

Property Details for 8459 Wards Rd

Year built

1984

Lot size

2.24 AC

Property size (Sq ft)

8,200 SF

Zone code

I-G,C

Property type

Other commercial real estate

APN

0430-02000-013-A1

APU

043002000013A1

Description

Exceptional investment opportunity in Rustburg, Virginia! This well-established, owner-user industrial property, Brown's Machine Shop, is listed at $3,200,000. The 18,150 square foot facility sits on a 2.24-acre lot, offering a price per square foot of $176.31 and a land value of $350,000 per acre. The property features three one-story buildings constructed in 1984, with renovations completed in 2003 and 2014. The property boasts 18-foot ceilings, one loading dock, and one dock-high door, ideal for efficient material handling. Zoned for industrial general commercial use, this versatile property includes approximately 1,800 square feet of office space, with the remaining area suitable for manufacturing, warehousing, or a combination thereof. High-speed internet access is available. The seller is open to various transaction structures, including a potential seller financing option where they would retain a 20% interest in the note, subject to a mutually agreeable agreement. The current owner is willing to provide a six-month transition period to ensure a smooth transfer of operations. This presents a rare chance to acquire a turnkey business or a highly desirable industrial property in a prime Rustburg location. The property is located at 8459 Wards Rd, Rustburg, VA 24588. A detailed equipment list is available upon request and execution of a non-disclosure agreement.

• Alternative Use

  Use

  Valuation

  Residential

  $1,402,954

  Hospitality

  $1,285,098

  Educational

  $1,069,187

  Medical

  $1,105,958

  Retail

  $1,663,180

Location Insight

City

Rustburg

County

Campbell

State

Virginia

Latitude

37.2472

Longitude

-79.1874

CBSA code

31340

CBSA name

LYNCHBURG, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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