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2525 Hougton Ave 33,302 SF Industrial Building South Boston, VA 24592 $2,500,000 ($75.07/SF) 10% Cap Rate
Executive Summary
The building contains four food grade clean rooms and conditioned space. Long-term tenant is vacating the building due to closure of operations on site. Building is located in an existing industrial park with access to US 360 less than 1 mile from site. Will consider a lease to own arrangement.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Fenced Lot
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 30005 | Improvements Assessment | $2,449,719 |
| Land Assessment | $97,060 | Total Assessment | $2,546,779 |
Property Taxes
Parcel Number
30005
Land Assessment
$97,060
Improvements Assessment
$2,449,719
Total Assessment
$2,546,779
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2525 Hougton Ave
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