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3022 Carroll Ave 17,000 SF 100% Leased Industrial Building Lynchburg, VA 24501 $2,490,000 ($146.47/SF) 4.34% Cap Rate

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PROPERTY FACTS

Price $2,490,000
Price Per SF $146.47
Sale Type Investment or Owner User
Cap Rate 4.34%
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class B
Lot Size 2.25 AC
Rentable Building Area 17,000 SF
No. Stories 2
Year Built 1979
Parking Ratio 3.53/1,000 SF
Clear Ceiling Height 15’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 7
Opportunity Zone Yes
Zoning I-2

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Storage Space

UTILITIES

  • Lighting - Fluorescent

ABOUT 3022 CARROLL AVE , LYNCHBURG, VA 24501

Commercial property available for lease on Carroll Avenue, Lynchburg and corners with Bonsack Street. 2.25 acres, zoned I-2 for light industrial. Over 380 feet of road frontage in busy industrial area. 17,000 total sq ft under roof, 11,000sq ft warehouse space and 6,000sq ft of office space. Warehouse space has great ceiling heights of 15 to 19 ft. There are also 7 nice bay doors ranging from 12 to 16 ft tall. Two separate office entrances and plenty of parking. Conveniently located to new exit from 460. Start your own business here or expand your already existing business to this great location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112-07-003
Land Assessment
$139,500
Improvements Assessment
$544,900
Total Assessment
$684,400
  • Listing ID: 13339515

  • Date on Market: 7/31/2018

  • Last Updated:

  • Address: 3022 Carroll Ave, Lynchburg, VA 24501

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