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ISON furniture mfg 3872 Martin Dr 75,600 SF Industrial Building Axton, VA 24054 $2,995,000 ($39.62/SF)

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EXECUTIVE SUMMARY

VERY DESIRABLE MANUFACTURING FACILITY, ONE LEVEL, AMPLE WORKFORCE, 750 KVA POWER, 6 DOCKS

FINANCIAL SUMMARY (PRO FORMA - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $261,000 $3.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $261,000 $3.45
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2023)

Gross Rental Income
Annual $261,000
Annual Per SF $3.45
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $261,000
Annual Per SF $3.45
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $2,995,000
Price Per SF $39.62
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype Warehouse
Building Class A
Lot Size 23.61 AC
Rentable Building Area 75,600 SF
No. Stories 1
Year Built/Renovated 1975/2006
Tenancy Single
Parking Ratio 0.3/1,000 SF
Clear Ceiling Height 23’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 1
Zoning M-1 - Industrial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 20,500-75,600 SF
  • Industrial
  • Shell Space
  • Now

Approximately 10 miles to Martinsville & 1 hour to Greensboro.

Space Size Space Use Condition Available
1st Floor 20,500-75,600 SF Industrial Shell Space Now

1st Floor

Size
20,500-75,600 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Floor

Size 20,500-75,600 SF
Space Use Industrial
Condition Shell Space
Available Now

Approximately 10 miles to Martinsville & 1 hour to Greensboro.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1349-07-9629
Land Assessment
$58,000 (2025)
Improvements Assessment
$763,700 (2025)
Total Assessment
$821,700 (2025)
  • Listing ID: 30442455

  • Date on Market: 12/26/2023

  • Last Updated:

  • Address: 3872 Martin Dr, Axton, VA 24054

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