12302 James Madison Pkwy
$999,000
12302 James Madison Pkwy, King George, Va 22485
For Sale
Commercial
Active
Last Updated: 02/12/2025
3
Cap Rate
37,757
NOI
Details:
Cap Rate: 3%
NOI: $37,757
Building Size: 952 sqft
Year Built: 1960
Price Per Sqft: $1,049.37
Zoning: C2
Highlights:
- Days on Market: 497
- Parking Features: Paved Parking, Public, Private
- Heating: Heat Pump(s)
Description:
Road Frontage, Level
5 Acre Commercial property zoned C-2. Achievable gross yearly income $141,000 (Trailer pad rentals 10 spaces $60,000 and Retail 9 units $81,800). 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.
Location
Gallery
