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6707 Warwick Rd 35,492 SF 100% Leased Industrial Building Richmond, VA 23225 $4,250,000 ($119.75/SF) 6.60% Cap Rate
INVESTMENT HIGHLIGHTS
- ±3.34-acre site with versatile dock and drive-in loading
- Surrounded by major employers and a growing workforce
- Excellent access to I-95, I-64, and Richmond International Airport
- Ideal for logistics, distribution, or light manufacturing
EXECUTIVE SUMMARY
Located in Richmond’s dynamic 23224 zip code, 214 Everett Street offers a flexible industrial solution with dock and drive-in loading across a ±3.34-acre site. This property is ideal for tenants seeking efficient access to the city’s major logistics arteries and a vibrant workforce. Richmond’s low cost of living, strong job growth, and proximity to Fortune 500 employers make this an ideal location for expanding operations.
The site’s layout supports a range of industrial uses, and its location near Warwick Road and major thoroughfares ensures visibility and accessibility. With Richmond’s metro population exceeding 1.3 million and a median household income of $82,249, the area offers a robust labor pool and consumer base.
The site’s layout supports a range of industrial uses, and its location near Warwick Road and major thoroughfares ensures visibility and accessibility. With Richmond’s metro population exceeding 1.3 million and a median household income of $82,249, the area offers a robust labor pool and consumer base.
PROPERTY FACTS
| Price | $4,250,000 | Rentable Building Area | 35,492 SF |
| Price Per SF | $119.75 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1966 |
| Cap Rate | 6.60% | Parking Ratio | 2.54/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 13’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 1.86 AC | ||
| Zoning | B-3 | ||
| Price | $4,250,000 |
| Price Per SF | $119.75 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.86 AC |
| Rentable Building Area | 35,492 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 2.54/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | B-3 |
AMENITIES
- Bus Line
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
PROPERTY TAXES
| Parcel Number | C005-0987-024 | Improvements Assessment | $2,412,000 |
| Land Assessment | $691,000 | Total Assessment | $3,103,000 |
PROPERTY TAXES
Parcel Number
C005-0987-024
Land Assessment
$691,000
Improvements Assessment
$2,412,000
Total Assessment
$3,103,000
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6707 Warwick Rd
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