• 12302 James Madison Pkwy KING GEORGE, VA 22485

  • $1,070,000
  • 217,800
    Sq Ft
  • 217800
    Sqft

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.

Property Type :

Land

County :

KING GEORGE

Style :

Land

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Property Details

 

Water/Sewer

Water Source : Well

Utility Features

Sewer: On Site Septic

Lot Information

Lot Size: 217,800

Lot Size (Acres): 5.00

Main Square Feet: 217,800

Property Information

Total Lot SQ ft: 217,800

Financing: Cash,Conventional,Other

Total Acreage: 5.00

Listing Information

Possession: Settlement

Days Of Market: 307

Tax Information

Annual Tax: $3,768

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $588,800

Multi-Unit Information

Acceptable Financing: Cash,Conventional,Other

Road Frontage Length: 525

Road Surface: Paved,Gravel

Homeowners Association Information

Direction: From King George Sheetz on the corner of Route 301 and Route 3. Head north on US -301 (James Madison Pwky) go 1 mile and make a U-turn at Georgia Ln. Go .8 miles 12302 James Madison Pwky drive way will be on the right. Sign on property.

School Information

School District: KING GEORGE COUNTY SCHOOLS

Utility Information

Water Source: Well

Sewer: On Site Septic

Location Information

Direction: From King George Sheetz on the corner of Route 301 and Route 3. Head north on US -301 (James Madison Pwky) go 1 mile and make a U-turn at Georgia Ln. Go .8 miles 12302 James Madison Pwky drive way will be on the right. Sign on property.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
James Madison , King George, VA,22485 $1,250,000 -- -- 948,737 948736.8 Sqft
University Drive , King George, VA,22485 $1,900,000 -- -- 1,660,943 1660942.8 Sqft
LOT 28 Compass , King George, VA,22485 $124,900 -- -- 447,143 447143 Sqft
LOT 24 Compass Court , King George, VA,22485 $124,900 -- -- 473,236 473236 Sqft
Mt Vernon Circle , King George, VA,22485 $10,000 -- -- 21,780 21780 Sqft
LOT 2 Windsor Dr. , King George, VA,22485 $609,900 4 2.5 -- 100275 Sqft
LOT 25 Compass Court , King George, VA,22485 $194,900 -- -- 435,600 435600 Sqft
TAX MAP 28 25 Stoney Po.., King George, VA,22485 $799,000 -- -- 1,306,800 1306800 Sqft
Cedar Ridge Lane , King George, VA,22485 $450,000 -- -- 3,331,817 3331817 Sqft
7449 Long Leaf Lane , King George, VA,22485 $634,900 5 4.5 -- 39988 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/05/2024 @ 12:54

MLS: VAKG2003656
LISTED BY: Keith A Hawkins , Samson Properties
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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