280 Thomas Rd - Manufacturing FOR SALE


Bristol, VA 24201
$14,500,000 USD
423-956-5707
280 Thomas Rd, Bristol, VA for Sale
$14,500,000 USD
Manufacturing - FOR SALE
1/11
null | Request Cap Rate

280 Thomas Rd
Bristol, VA 24201


HIGHLIGHTS

  • Prime location less than one mile from Interstate 81, offering strong regional logistics connectivity.
  • Functional warehouse configuration with versatile dock and drive-in loading options.
  • Recent capital improvements supporting modern distribution and warehouse operations.
  • Expansion-ready site with graded pad and utilities positioned for future building growth.
  • Generous trailer parking and efficient truck circulation capacity.
  • Located within an established industrial corridor anchored by major national distributors.

OVERVIEW

TCI Group is pleased to offer for sale or lease the industrial distribution facility located at 280 Thomas Road in Bristol, Virginia. Strategically positioned less than one mile from Interstate access at Exit 7, the property offers exceptional connectivity to Interstate 81, providing efficient north–south logistics reach to Roanoke, Virginia and Knoxville, Tennessee. The property consists of an approximately 157,600-square-foot single-story warehouse and distribution facility situated on a 21.91-acre site. Constructed of masonry and steel, the building offers functional clear heights of approximately 17 feet at the eaves and up to 24 feet at center, supported by a loading configuration that includes twelve overhead doors, two dock-high positions, and two grade-level drive-in door, accommodating a wide range of distribution and light industrial users. Significant capital improvements have been completed, including HVAC upgrades, concrete and floor repairs, replacement dock levelers, front-lot resurfacing, added electrical protection, concrete replacement, and new electrical service to support forklift and warehouse operations. Stormwater management is handled via an on-site collection system and retention pond, providing long-term operational stability. The site has been designed for future growth, with the west side of the property fully graded and prepared to accommodate an approximately 40,000-square-foot building expansion. Sprinkler pipe headers were installed during original construction to support the future addition, and additional electrical capacity is readily accessible through the existing bus duct system. The property also offers ample trailer parking capacity for approximately 50 semi-trailers, with additional staging potential adjacent to the loading areas. 280 Thomas Road is located within a well-established industrial corridor that includes major logistics and distribution users such as Amazon Distribution Center, UPS Customer Center, and FedEx. The surrounding three-mile area contains approximately 2.1 million square feet of industrial space and 2.5 million square feet of retail, underscoring the depth of infrastructure and labor support in the immediate market. This offering represents a rare opportunity to acquire or lease a scalable, well-located distribution facility with significant land, expansion capability, and immediate access to one of the region’s primary transportation corridors. For investors, 280 Thomas Road represents an exceptional opportunity to acquire a large, expandable industrial asset in a supply-constrained submarket. The property’s scale, land coverage, infrastructure, and location along the I-81 corridor position it for long-term income durability, re-tenanting flexibility, and value-add or redevelopment upside through future expansion or operational reconfiguration. The combination of existing functionality, completed capital improvements, and expansion readiness provides multiple exit strategies and downside protection rarely found in comparable regional assets. For users, the property offers a highly functional and immediately operable distribution facility with excellent interstate access, efficient truck circulation, and ample trailer parking. Recent capital improvements support modern warehouse operations, while the large site and expansion-ready pad provide tenants with the ability to scale operations over time without relocation. 280 Thomas Road offers a compelling, cost-effective alternative to newer Class A facilities—delivering strong functionality, flexibility, and scalability within a proven logistics corridor.

FOR SALE DETAILS

PRICE

$14,500,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

UTILITIES

Lighting - Metal Halide, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

21 Ft

DOCKS

12

DRIVE INS

3

PARKING SPACES

94

LAND DETAILS

LAND ACRES

21.91

LAND SF

954,400

ZONING

M-2

APN/PARCEL ID

309-1-5

ASK ABOUT THIS PROPERTY

Glenn PerkinsTCI Group - Jerry Petzoldt Agency LLCMore Info
423-956-5707

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Glenn PerkinsTCI Group - Jerry Petzoldt Agency LLCMore Info
423-956-5707

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