12302 JAMES MADISON PKWY Active

King George,VA 22485

$ 1070000

- Bed

- Bath

- SqFt


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

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

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