5424 Distributor Dr - Warehouse FOR SALE


Richmond, VA 23225- Midlothian-South Richmond
$945,000 USD
804-353-7994
5424 Distributor Dr, Richmond, VA for Sale
$945,000 USD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

5424 Distributor Dr
Richmond, VA 23225
Midlothian-South Richmond


HIGHLIGHTS

  • Strategic Southside Richmond location with strong access to I-95 and I-64
  • Flexible B-3 zoning supports diverse industrial uses
  • Roof replaced in 2018 for long-term durability
  • Fire sprinkler system and natural gas heat in warehouse
  • Ideal for owner-users or investors seeking immediate occupancy

OVERVIEW

Positioned in Richmond’s Southside industrial corridor, 5424–5428 Distributor Drive offers a rare opportunity to acquire a well-maintained 10,080 SF industrial asset with flexible B-3 zoning. The property features two dock-high loading doors and one drive-in door, supporting a range of distribution, light manufacturing, or service uses. With a 16-foot clear ceiling height and a fire sprinkler system in place, the building is equipped for operational efficiency and safety. The Building is also being offered for lease at $8.50/SF NNN. Recent capital improvements include a roof replacement in 2018 and natural gas heating in the warehouse, enhancing long-term durability and tenant comfort. Located near major thoroughfares such as Belt Boulevard and Midlothian Turnpike, the site benefits from strong logistical connectivity to I-95, I-64, and the Richmond International Airport. The surrounding area includes a mix of industrial users, service businesses, and residential neighborhoods, offering a built-in labor pool and customer base. This property is ideal for owner-users seeking a strategic foothold in Richmond or investors targeting stable industrial assets in a supply-constrained market. Offered at $945,000, the asset presents a compelling value proposition with immediate occupancy potential.

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.39

LAND SF

17,200

ZONING

B-3

APN/PARCEL ID

C005-1004-002

ASK ABOUT THIS PROPERTY

Byron HolmesPorter Realty Company, Inc.More Info
804-353-7994

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Byron HolmesPorter Realty Company, Inc.More Info
804-353-7994

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