203 James Madison StRemington, VA 22734
- Office properties
- 748 SF
Property Details for 203 James Madison St
- Lot size
- 0.31 AC
- Property size (Sq ft)
- 748 SF
- Zone code
- C2 GEN COMMERCIAL DIST
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 6887-08-9368
- APU
- 6887089368
Description
This exceptional 748-square-foot executive office building at 203 James Madison Street in Remington, Virginia, is now available for $275,000. The property is zoned C-2 General Commercial, offering flexibility for a variety of professional uses. Currently vacant, this owner-user opportunity presents a chance to immediately occupy a move-in ready space. The building sits on a sizable 0.31-acre lot, providing ample space and a large backyard. Its prime location ensures excellent access and high visibility, attracting potential clients and employees. The property features an ADA-compliant ramp, ensuring accessibility for all. This is an ideal investment for a business seeking a well-maintained, conveniently located office space with significant outdoor area. The address is 22734, Fauquier County, Virginia. The property is ready for immediate occupancy. This is a rare opportunity to acquire a well-situated and functional executive office building in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $178,032
- 6.5%
- $164,337
- 7%
- $152,599
-
Comparable approach
- Method
- Valuation
- Relative Method
- $149,555
- Geo Method
- $149,555
-
Alternative Use
- Use
- Valuation
- Residential
- $203,778
- Hospitality
- $186,659
- Educational
- $155,298
- Medical
- $160,639
- Retail
- $241,575
Location Insight
- City
- Remington
- County
- Fauquier
- State
- Virginia
- Latitude
- 38.5343
- Longitude
- -77.8077
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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