8 Jackson LnBoston, VA 22713

  • Other commercial real estate
  • 4,614 SF
For Sale
$997,500 View listing

Property Details for 8 Jackson Ln

Year built
2000
Lot size
5.04 AC
Property size (Sq ft)
4,614 SF
Property type
Other commercial real estate
APN
56 5
APU
565

Description

This exceptional 5,300 square foot assisted living facility, situated on over 5 acres in Rappahannock County, Virginia, presents a unique investment opportunity. The property, known as The Jackson House, is currently licensed for eight residents and boasts eight bedrooms, five full bathrooms, and four half bathrooms. Completely renovated within the last decade, this well-maintained property features modern amenities including an open kitchen with upgraded cabinets, quartz countertops, and stainless-steel appliances. The master suite includes a sitting room, gas fireplace, and upper-level deck. Additional features include nine ductless HVAC units supplementing central AC and heat, new flooring throughout, handicapped accessibility, front and rear staircases, and a walkout lower level with a bedroom, bathroom, laundry area, and ample storage. The main level features wrap-around porches, and the property is enhanced by a paved driveway and a blend of open and wooded land. The Special Use zoning permits its continued operation as an assisted living facility, with permits transferable to the new owner. This property offers multiple potential uses, including continued operation as an income-generating assisted living facility, conversion to a private residence, or a combination of both. Located at 8 Jackson Ln, Boston, VA 22713, this property is priced at $997,500 ($188.21/sq ft) and presents a rare opportunity in a desirable location. Built in 1950, the property's large living/dining area is open, light, and airy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,256,993
    Hospitality
    $1,151,399
    Educational
    $957,950
    Medical
    $990,896
    Retail
    $1,490,145
8 Jackson Ln, Boston, Virginia

Location Insight

City
Boston
County
Rappahannock
State
Virginia
Latitude
38.5807
Longitude
-78.1593
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

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
$5,256
$230,800
$630,800
$861,600
-
$230,800
$630,800
$861,600

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