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17921 Main St 83,220 SF Industrial Building Buchanan, VA 24066 $4,750,000 ($57.08/SF)
Executive Summary
Fully Leased NNN. Lease expires 8/31/2033. Gross Income - $347,340
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$347,340
|
$4.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$347,340
|
$4.17
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$30,000
|
$0.36
|
| Net Operating Income |
$317,340
|
$3.81
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $347,340 |
| Annual Per SF | $4.17 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $347,340 |
| Annual Per SF | $4.17 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $0.36 |
| Net Operating Income | |
|---|---|
| Annual | $317,340 |
| Annual Per SF | $3.81 |
Property Facts Under Contract
| Price | $4,750,000 | Lot Size | 34.71 AC |
| Price Per SF | $57.08 | Rentable Building Area | 83,220 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1996 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.73/1,000 SF |
| Zoning | A1 - Agricultural District | ||
| Price | $4,750,000 |
| Price Per SF | $57.08 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 34.71 AC |
| Rentable Building Area | 83,220 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Tenancy | Single |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | A1 - Agricultural District |
Amenities
- Mezzanine
- Signage
- Skylights
- Reception
- Recessed Lighting
- Fluorescent Lighting
Utilities
- Lighting
- Gas - Propane
- Water - City
- Sewer - City
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Coastal Crypto
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Coastal Crypto | Services | - | - | - |
1 1
Property Taxes
| Parcel Number | 65(2)4-3-2 | Improvements Assessment | $2,351,000 |
| Land Assessment | $448,300 | Total Assessment | $2,799,300 |
Property Taxes
Parcel Number
65(2)4-3-2
Land Assessment
$448,300
Improvements Assessment
$2,351,000
Total Assessment
$2,799,300
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L & M Properties, LLC
17921 Main St
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