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530 Summit Drive, South Boston 530 Summit dr 8,470 SF Industrial Building South Boston, VA 24592 $69,500 ($8.21/SF)

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Investment Highlights

Great location.

Executive Summary

Industrial property at 530 Summit Drive, South Boston, VA. 8,470 SF building on 4.39 acres zoned M1–Industrial. Includes 220 SF office space, full bathroom, and wood stove in nailing room. Metal roof. Utilities: Dominion Electric, town water & sewer. Norfolk Southern Railroad nearby offers potential rail access. Property includes approximately 800 feet of road frontage on Summit Drive and offers plenty of parking. Property needs some work but presents strong potential for manufacturing, storage, or commercial use. Large lot provides room for expansion or equipment. Conveniently located with easy access to major routes. Great opportunity for businesses or investors seeking value-add industrial space.

PRN 3769 & 4726

Plat Book 276 Page 200

Property Facts Under Contract

Price	$69,500	Lot Size	9.22 AC
Price Per SF	$8.21	Rentable Building Area	8,470 SF
Sale Type	Investment	No. Stories	1
Sale Condition	Deferred Maintenance	Year Built	1984
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing	Parking Ratio	2.36/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	ID - Industrial

Price	$69,500
Price Per SF	$8.21
Sale Type	Investment
Sale Condition	Deferred Maintenance
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Industrial Manufacturing
Building Class	C
Lot Size	9.22 AC
Rentable Building Area	8,470 SF
No. Stories	1
Year Built	1984
Tenancy	Single
Parking Ratio	2.36/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	ID - Industrial