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1641 Fairystone Park Hwy 1,500,000 SF 100% Leased Industrial Building Stanleytown, VA 24168 For Sale



EXECUTIVE SUMMARY
Pro forma cap rate of 29.97%
Parking for over 600 cars (180,000 sq ft for parking alone, over 40 loading docks. Nearby tenants include Food Lion, Hardee's, Dollar General, Family Dollar, CVS, MarathonGas, and Western Union.Located in Stanleytown, VAjust minutes from US Route 220 & State Route 57. Located approximately 1.5 miles west of four-lane US Hwy 220
providing access approx. 50 miles N of I-81 and Roanoke Airport, 13 Miles from Blue Ridge Regional Airport, 52 Miles from Greensboro Airport14.3 Miles from Martinsville
Speedway 13.5+/- Miles from Virginia/North Carolina state line.
Parking for over 600 cars (180,000 sq ft for parking alone, over 40 loading docks. Nearby tenants include Food Lion, Hardee's, Dollar General, Family Dollar, CVS, MarathonGas, and Western Union.Located in Stanleytown, VAjust minutes from US Route 220 & State Route 57. Located approximately 1.5 miles west of four-lane US Hwy 220
providing access approx. 50 miles N of I-81 and Roanoke Airport, 13 Miles from Blue Ridge Regional Airport, 52 Miles from Greensboro Airport14.3 Miles from Martinsville
Speedway 13.5+/- Miles from Virginia/North Carolina state line.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1950 |
| Property Subtype | Warehouse | Parking Ratio | 0.4/1,000 SF |
| Building Class | B | Clear Ceiling Height | 25’ |
| Lot Size | 54.00 AC | No. Dock-High Doors/Loading | 44 |
| Rentable Building Area | 1,500,000 SF | ||
| Zoning | I1 - Located in Stanleytown, VA with easy access to US Route 220 & State Route 57. | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 54.00 AC |
| Rentable Building Area | 1,500,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 0.4/1,000 SF |
| Clear Ceiling Height | 25’ |
| No. Dock-High Doors/Loading | 44 |
| Zoning | I1 - Located in Stanleytown, VA with easy access to US Route 220 & State Route 57. |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,193,481 CAD | |
| Land Assessment | $654,285 CAD | Total Assessment | $3,847,767 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$654,285 CAD
Improvements Assessment
$3,193,481 CAD
Total Assessment
$3,847,767 CAD
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1641 Fairystone Park Hwy
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