$ 1,070,000
12302 JAMES MADISON PKWY King George, VA 22485
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$ 1,070,000
Est. payment | /mo
5 Acres Lot
$ 1,070,000
Est. payment | /mo
5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAKG2003656
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $3,768
Tax Year 2022
Lot Size 5.000 Acres
Acres 5.0
Property Description
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
State VA
County King George
Zoning C2
Exterior
Waterfront N
Water Access N
Street Surface Paved,Gravel
Garage N
Building
Lot Description Road Frontage, Level
Sewer On Site Septic
Water Well
Schools
School District King George County Schools
Others
Tax ID 33 67A
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Horse Property N
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
Listed by Keith A Hawkins • Samson Properties
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John Swartz