Rutherford Storage

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30635711
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use
Status: Pending/Contingent
Building Size (RSF): 20,084 SF
Gross Land Area: 3.20 Acres
Sale Price: $699,900
Unit Price: $34.85 PSF
Docks/Doors: 1 Dock, 8 Doors
Office SF: 684 SF
Drive In Bays: 6 Bays
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: Allied Moving
Usable Size (USF): 20,084 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2021

Overview / Comments

The subject property contains +/- 3.7 Acres with the over 3 acres in the City of Bristol, VA and the remainder in Washington County, VA. The property has 3 buildings; an office a truck maintenance shop, and a high bay storage facility with several docks and a drive in door. The property is well suited for development, and can be toured with appropriate notice to the Listing Agent. This property is situated within the Opportunity Zone, and will make an excellent property for additional development. M-1 Zoning, allows for a great number of uses, and possible additional acreage may be obtainable.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Bristol
Taxing Authority: Washington County, VA
Tax ID/APN: 308-A-12 & 165-A-5
Zoning: M-1;
Property Located Between: Bonham Road and Exit 7, I-81
Highway Access: Direct access to Bonham Road, then to Old Airport, 1.3 Miles to Exit 7, I-81
Airports: Tri Cities Regional Airport, Highlands Community Airport
Site Description: Level site with 3 buildings in an M-1 area, with room for expansion and additional buildings.
Area Description: Level lot with 3.2 Acres area, on Bonham Road, in the Industrial area of Exit 7, across from VDOT. The property is located in the City of Bristol, VA and a small portion in Bristol, Washington County, Virginia.
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 2000
Roof Type: Gable
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: Unmarked parking
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Wall Units
Air Conditioning: Package Unit
Lighting: Fluorescent, Incandescent, Halide Reflective
Internet Access: Cable, T1/T3, Fiber Optic
Zoning Description: M-1
Lot Frontage: 410'
Lot Depth: 360'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,717 26,637 46,910
Median Age: 47.59 41.01 41.95
Households: 789 11,162 20,084


Photograph of Listing Agent

Richard S. Armstrong, III

TCI Group - Lowry & Foster, Inc. NETAR CMLS Member
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