119 Cane Creek Blvd - Telecom Hotel/Data Hosting FOR SALE


Danville, VA 24540
$3,500,000 USD
757-560-0993
119 Cane Creek Blvd, Danville, VA for Sale
$3,500,000 USD
Telecom Hotel/Data Hosting - FOR SALE
1/33
null | Request Cap Rate

119 Cane Creek Blvd
Danville, VA 24540


HIGHLIGHTS

  • ±50,652 RSF on 9.76 acres with LED-I zoning for flexible use.
  • Former call center with potential for industrial conversion.
  • Ceiling heights range from 21 to 26 feet with wet sprinkler system.
  • Robust electrical capacity with 480/277-volt, 3-phase service and 2000-amp switchboard.
  • Approximately 450 parking spaces and proximity to Downtown Danville.
  • Eligible for multiple grants and incentive programs, including Enterprise Zone benefits.

OVERVIEW

119 Cane Creek Boulevard offers a versatile property for sale in Danville, Virginia, featuring approximately 50,652 square feet of space on a 9.76-acre site. Formerly utilized as a call center, the building is well-suited for a range of uses, including industrial applications, and benefits from LED-I zoning. The property includes a wet sprinkler system, rubber membrane roof, and ceiling heights ranging from 21 to 26 feet, providing flexibility for various operational needs. The site offers extensive parking with approximately 450 spaces and is located just 10 minutes from Downtown Danville, ensuring convenient access to major transportation routes. Power infrastructure is robust, with a 480/277-volt, 3-phase, 4-wire system and an Eaton Pow-R-Line C switchboard rated at 2000 amperes, supporting heavy electrical demand. Offered at $3.5 million, this property represents a compelling opportunity for businesses seeking a large, adaptable facility in a market with strong economic development initiatives. Numerous grants and incentives are available, including the Virginia Enterprise Zone Program, Tobacco Region Opportunity Fund, and New Market Tax Credits, enhancing the financial appeal for investors and occupiers.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Telecom Hotel/Data Hosting

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

450

LAND DETAILS

LAND ACRES

9.76

LAND SF

425,146

ZONING

LED-I

APN/PARCEL ID

77074

ASK ABOUT THIS PROPERTY

Gray Randolph7 Hills AdvisorsMore Info
757-560-0993

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Gray Randolph7 Hills AdvisorsMore Info
757-560-0993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.