1320 Wards Ferry RD, Lynchburg, VA 24502
$4,170,000
Property Type:
Commercial
Lot Size (sq. ft.):
806,731
Status:
Closed
Current Price:
$4,170,000
List Date:
10/16/2017
Last Modified:
9/21/2024
Description
Metal & Block industrial warehouse. Constructed in 1964 with addition in 1994. 16-30 foot ceilings, 100% sprinkled, gas space heat, 15,000 SF office. Building updates in 2013 including T8 lighting, multiple dock loading. Strong national tenant for 30+ years. Triple net 5 year lease expiring 7/31/22 with 5 year option. Current gross income $470,083. Near Liberty University. 1306 Wards Ferry RD with 3.6 acres sold with property..
More Information MLS# 842243
General Property Description
Construction Status: Completed
Total Acreage: 18.52
Road Frontage: 706.65
Flood Area: No
Gross Lot SqFt: 652093
On site Parking: Yes
Basement Y/N: No
Water Class: N/A
Gross Building SqFt: 144663
Office SqFt: 15000
Warehouse SqFt: 129663
Lease Available: No
Year Built: 1964
Location, Tax & Legal
Major Area: 19 - City of Lynchburg
Legal: SIMPLIMATIC, TWO PTS LOT B
Tax ID: 25703009 & 25703123
Annual Taxes: 37228
Zoning Code: I-2
Area: 1900 - City of Lynchburg
Street Number: 1320
Street Name: Wards Ferry
Street Suffix: RD
State/Province: VA
Zip Code: 24502
Municipality: City of Lynchburg
Remarks & Misc
Directions: US Route 460E, take US 29 N, merge onto Wards Road, left onto Wards Ferry Road.
Limited Service
Not Limited Service: 1
Construction
Block: 1
Metal Siding: 1
Commercial Type
Industrial: 1
Business Type
Type of Business (Historical Field): Industrial Warehouse
Sale Includes
Building & Land: 1
Additional LND Avail: 1
Heating
Natural Gas: 1
Income & Expenses
Gross Income: 470083
Gross Expenses: 36500
Water Description
Public: 1
Documents Available
Survey: 1
Sewer Description
Public Sewer: 1
Manufactured Homes
No HUD Tag: 1
Roof System
Metal: 1
Floors
Concrete: 1
Additional Features
Loading Docks: 1
Overhead Door: 1
Contract Information
Current Price: $4,170,000
Sold Price: $4,170,000
List Date: 2017-10-16
Status: Closed
Status Change Info
Ratified Contract Dt: 2018-03-19
Sold Date: 2018-12-17
Sold Price: $4,170,000
Property Features
Limited Service: Not Limited Service
Commercial Type: Industrial
Sale Includes: Building & Land; Additional LND Avail
Construction: Block; Metal Siding
Roof System: Metal
Heating: Natural Gas
Floors: Concrete
Manufactured Homes: No HUD Tag
Additional Features: Loading Docks; Overhead Door
Water Description: Public
Sewer Description: Public Sewer
Documents Available: Survey
Listing Office: MKB, REALTORS®
Last Updated: September - 21 - 2024
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