15394 Kings HwyMontross, VA 22520

  • Other commercial real estate
  • 5.83 AC
For Sale
$1,600,000 View listing

Property Details for 15394 Kings Hwy

Year built
2005
Construction
WOOD
Lot size
5.83 AC
Zone code
B1
Property type
Other commercial real estate
APN
33 28
APU
3328

Description

This exceptional 8,000-square-foot medical office building presents a unique investment opportunity in Montross, Virginia. Located at 15394 Kings Hwy, this vacant Class B property sits on a generous 5.83-acre lot, offering ample space and potential for expansion. Built in 2005, the building is in excellent condition and boasts a desirable location within the town of Montross. The property's previous use as a regional cancer center speaks to its suitability for a variety of medical practices or healthcare-related businesses. The spacious layout provides flexibility for customization to meet the needs of a new tenant or owner-occupier. With its prime location on Kings Highway and substantial lot size, this property offers significant potential for growth and return on investment. The asking price is $1,600,000. This is a rare opportunity to acquire a well-maintained, freestanding medical office building in a thriving community. The property is currently vacant, allowing for immediate occupancy and customization. All interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional property. The property's address is 15394 Kings Hwy, Montross, VA 22520.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $75,120,696
    Hospitality
    $68,810,152
    Educational
    $57,249,240
    Medical
    $59,218,132
    Retail
    $89,054,376
15394 Kings Hwy, Montross, Virginia

Location Insight

City
Montross
County
Westmoreland
State
Virginia
Latitude
38.0919
Longitude
-76.834

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,714
$269,500
$1,458,600
$1,728,100
-
$269,500
$1,458,600
$1,728,100

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