Drummond Building | 8152 Lankford Hwy
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Drummond Building 8152 Lankford Hwy
7,392 SF Retail Building Oak Hall, VA 23416 $423,824 CAD ($57 CAD/SF)
Investment Highlights
- Store, Warehouse & Apartment
- Highway Frontage
Executive Summary
This is an exceptional opportunity to own a Multi-use Commercial property located on a high-traffic corner of Lankford Highway, with convenient access from both the Highway and State Road. Currently utilized as an auto parts store, this property offers 7,392 square feet of space. 1,860 SF retail area, a 3,672 SF warehouse, and an additional 1,860 SF upstairs apartment. While the apartment requires some updates, it offers significant income potential, with the upstairs apartment already set up for three bedrooms and one bath. The property also includes an extra parcel on the highway featuring a well and a three-bedroom septic system, enhancing its potential. Situated just 6 miles from the NASA Wallops Flight Facility. Dont Miss out on this opportunity
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,392 SF
Building Class
C
Year Built/Renovated
1980/2000
Price
$423,824 CAD
Price Per SF
$57 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.41 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
10 Spaces (1.35 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Monument Signage
PROPERTY TAXES
| Parcel Number | 026-C0-A0-00-0011-00 | Total Assessment | $281,415 CAD |
| Land Assessment | $126,069 CAD | Annual Taxes | -$7,392 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $155,345 CAD | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
026-C0-A0-00-0011-00
Land Assessment
$126,069 CAD
Improvements Assessment
$155,345 CAD
Total Assessment
$281,415 CAD
Annual Taxes
-$7,392 CAD (-$1.00 CAD/SF)
Tax Year
2024 Payable 2024
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Drummond Building | 8152 Lankford Hwy
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