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12302 James Madison Pkwy

KING GEORGE, VA 22485
  • $1,249,999
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: VAKG2003658
UPDATED: 25 min ago
$1,249,999
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1960
County:

School Ratings & Info

School District:

Description

5 Acre Commercial property zoned C-2. Achievable gross yearly income $130,800 (Trailer pad rentals 10 spaces $72,000 and Retail 9 units $58,800). Currently being used for Commercial retail and Trailer Park. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000. The front 9 office/Retail units can rent to a long list of businesses. Rear of the property currently has 10 trailer land leases generating a monthly income with no recent increases and can accommodate for more spaces.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or KK Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-28T18:53:19.237.
www.kkhomes.com/homes/141132248
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12302 James Madison Pkwy KING GEORGE, VA 22485

  • Price: $1,249,999
  • Status: Active
  • On Site: 240 Days
  • Updated: 25 min ago
  • MLS #: VAKG2003658
0
Beds
0
Baths
0
½ Baths
5
Acres
1960
Built
County:
King George
School District:
King George County Schools
Property Description
5 Acre Commercial property zoned C-2. Achievable gross yearly income $130,800 (Trailer pad rentals 10 spaces $72,000 and Retail 9 units $58,800). Currently being used for Commercial retail and Trailer Park. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000. The front 9 office/Retail units can rent to a long list of businesses. Rear of the property currently has 10 trailer land leases generating a monthly income with no recent increases and can accommodate for more spaces.
Exterior Features

Construction Materials Block Garage YN No Lot Features Road FrontageLevel Parking Features Paved ParkingPublicPrivate Parking Types Parking LotDriveway Riparian Rights YN No Road Surface Type PavedGravel Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 952.00 Cooling Ceiling Fan(s)Window Unit(s)Heat Pump(s)Central A/C Heating Heat Pump(s) Heating YN Yes Net Square Feet 7000.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Annual Gross Expense 16281.00 Assessment Year 2022 Business Type Auto RelatedBanquet Facility/LodgeCampgroundConvenience Store/GasFlexHair Salon and SpaHealth ClubHotel/MotelMedicalMobile Home ParkOther/General RetailParking LotProfessionalRecreationReligious FacilityRestaurant/BarSupermarket/Grocery StoreOther Central Air YN Yes Cooling Fuel Electric Electric Expense 3930.00 Gross Income 54038.00 Heating Fuel Electric Historic YN No Hot Water Electric Maintenance Expense 6293.00 Navigable Water YN N Net Operating Income 37757.00 New Construction YN No Number Of Units Total 0 Operating Expense Includes TrashWaterOtherLandscaping Original MLSNumber 802453018742 Owner Pays Lawn/Shrub CareSewerTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession Settlement Property Sub Type Mobile Home/Campgrounds Sale Type Standard Sewer On Site Septic Tax Annual Amount 3768.00 Tax Assessment Amount 588800.00 Tax Lot 67A Trash Expense 6058.00 Vacation Rental YN No Water Source Well Zoning C2 Zoning Description The intent of this district is to recognize existing commercial and/or service trade uses within the county.

Listing courtesy of Samson Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or KK Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-28T18:53:19.237.
 
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