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9279 Kings Hwy

1,203 SF Office Building King George, VA 22485 $349,900 ($291/SF) 11.40% Cap Rate

Investment Highlights

  • High Visibility from Rt 3
  • Office space with conference room
  • Renovated
  • Has reception area and unfinished basement

Executive Summary

Zoned C-2 Possibly good for the following: community center, church, Micro Brewery and Distillery, construction material sales, consumer repair services, Daycare, Farmers Market, Financial Institution, Funeral Home, Garden Center/Greenhouse, Gas Station, Kennel, Office, Outdoor sales/seasonal, Self Storage facility, Car sales/Service, Veterinary hospital/clinic, Drive Through window, Solar Energy, Mobile Restaurant and Restaurant. Highly visible location nicely renovated and like new on Rt 3 with great access to the roadway an exposure to the public. This is one of the best offered commercial space for a professional company in King George. Offering 3 good sized office space, reception area, conference room, kitchenette, and a full basement (unfinished ) for you to finish as needed for your business. Do not miss out on this rare opportunity at this price! Questions contact the listing agent today! Neighbor property is also on the market. Purchase both for a really nice opportunity in a prime location in King George or buy this one only.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,203 SF
Building Class
C
Year Built
1946
Price
$349,900
Price Per SF
$291
Cap Rate
11.40%
NOI
$39,889
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,203 SF
Building FAR
0.08
Land Acres
0.36 AC
Zoning
C-2 - C-2, General Commercial. The intent of this district is to recognize existing commercial and/or service trade uses within the County.
Parking
3 Spaces (2.49 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-56F
Land Assessment
$109,000
Improvements Assessment
$71,600
Total Assessment
$180,600
  • Listing ID: 33840947

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 9279 Kings Hwy, King George, VA 22485

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