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DMV 27426 Southampton Pky

3,219 SF Office Building Courtland, VA 23837 $700,000 ($217/SF)

Executive Summary

Investment Opportunity with road frontage on Highway 58
3,219± SF leased to the State of Virginia
Leased until March 2028 with 2 5-year options
Updated roof, HVAC, parking lot and flooring in 2023
Gross monthly rent of $4,698
Sale Price: $700,000

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,219 SF
Building Class
C
Year Built/Renovated
1986/2023
Price
$700,000
Price Per SF
$217
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,219 SF
Building FAR
0.04
Land Acres
1.70 AC
Zoning
B-4
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • DMV - Virginia
  • Public Administration
  • 3,219 SF
  • $17.51
  • Modified Gross
  • Mar 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
DMV - Virginia Public Administration 3,219 SF $17.51 Modified Gross Mar 2028

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 76-17H
  • 76-17C
Land Assessment
$388,200
Improvements Assessment
$908,600
Total Assessment
$1,296,800
  • Listing ID: 32504567

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 27426 Southampton Pky, Courtland, VA 23837

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