Industrial outdoor storage · Virginia
A direct buyer for Virginia’s industrial yards.
Northwake Capital buys truck parking, contractor and fleet yards, equipment storage, and by-right industrial land across Virginia, then leases each site to the businesses that use it. Owners get a confidential conversation, clear terms, and a quick close.
Illustrative site plan, not a specific property.
2 to 20 acres
Ideally 4 to 15 acres
By-right zoning
Outdoor storage allowed today
Virginia only
Three core markets
$1.5M to $12M
Typical purchase price
What we buy
Land that works hard, with very little building on it.
We look for open, usable industrial land where the yard is the product. If your site checks most of these boxes, we would like to hear about it.
Truck and trailer parking · Contractor and fleet yards · Laydown and equipment storage · By-right industrial land
Size
2 to 20 acres
Our sweet spot is 4 to 15 acres. Smaller or larger sites can work when the location is right.
Site condition
Cleared and flat
Mostly cleared, level ground. Existing gravel or paving is a plus, along with fencing and lighting.
Not sure if your property fits? Send the address. We will tell you quickly and honestly.
Building coverage
Under 20%
Mostly open land. A shop, office, or maintenance building is welcome, as long as the yard is the main event.
Truck access
Near I-95, I-295, I-64, or Route 1
Easy in and out for tractor-trailers, with short, direct runs to the interstate.
Zoning
Outdoor storage by right
Industrial or commercial zoning that already allows outdoor storage. No rezoning plays and no agricultural land.
Deal size
$1.5M to $12M
Typical purchase price. We are comfortable with off-market, unlisted, and owner-occupied properties.
Where we invest
Virginia’s freight corridors. Nowhere else.
We focus on the places where trucks, contractors, and fleets need room to operate: along I-95, I-64, I-295, and Route 1.
Richmond metro
City of Richmond, Henrico, Chesterfield, Hanover and Ashland, and Petersburg and Colonial Heights.
I-95 North
Fredericksburg up through Northern Virginia.
Hampton Roads
Port-driven demand for truck parking, laydown, and equipment yards.
For property owners
Selling your yard should be simple.
Whether you own a truck lot, a contractor yard, or a piece of industrial land you no longer need, we make the process straightforward and private. You deal directly with the person making the decision.
Start a confidential conversation01
Reach out
Call, email, or use the form. An address and a few basics are enough to start. Everything stays confidential.
02
Quick review
We look at zoning, access, and the site itself, then walk the property with you. You get real feedback, fast.
03
Clear offer
A written offer with price, timing, and terms spelled out plainly. No surprises later in the process.
04
Close on your timeline
We move quickly and work around your schedule, including time to relocate if you need it.
Confidential
Your inquiry stays between us. No signs, no listings, no fuss.
Direct
One point of contact from first call to closing.
Quick
Fast answers, a clear offer, and a close that fits your plans.
Working with Northwake
Brokers, tenants, and capital partners.
Brokers
Send us your IOS deals.
Listed or off-market, we review everything that fits the buy-box and give you a straight answer quickly. We protect broker commissions on every deal you bring.
- Fast yes, no, or questions
- Off-market and quiet sales welcome
- Your commission is protected
- Helpful to include: address, acreage, zoning, price guidance, and any leases
Operators and tenants
Need a yard?
We lease our sites on a triple-net basis to the businesses that need outdoor space. Tell us what you are looking for and we will keep you in mind as we acquire new sites.
- Trucking and logistics companies
- Contractors and service fleets
- Equipment rental and storage users
- Share your target area, acreage, surface, and timing
Capital partners
Partnering deal by deal.
Northwake partners with family offices and lenders on a deal-by-deal basis. Each acquisition is evaluated and capitalized on its own.
- Family offices and private investors
- Banks and other real estate lenders
- Asset-level, deal-specific structures
About
A focused firm, close to home.
Northwake Capital is a Virginia-focused investor and independent sponsor in industrial outdoor storage. We buy the land and lease it to operators. We do not run the yards ourselves.
Noah Kim, the firm's principal, is a Richmond native. Before Northwake, he worked on industrial real estate acquisitions, in real estate at Boston Consulting Group, and in private equity at Alpine Investors and Graham Partners. He is a graduate of the University of Virginia and holds an MBA from the University of Michigan's Ross School of Business.
- Focus
- Industrial outdoor storage, Virginia
- Offices
- Richmond and Washington, DC
- Education
- UVA, MBA Michigan Ross
- Experience
- Industrial acquisitions, BCG, Alpine, Graham