49 Tinkling Spring RdFishersville, VA 22939

Property Details for 49 Tinkling Spring Rd

Year built

1996

Lot size

0.58 AC

Property size (Sq ft)

1,920 SF

Zone code

GENERAL BUSINESS

Property type

Office buildings

APN

067B 3 8

APU

067B38

Description

This 1,920 square foot single-story brick office building, located at 49 Tinkling Spring Rd, Unit Left, Fishersville, VA, is back on the market. Situated on a 0.58-acre lot, the property is in very good condition and currently configured for dental use, although the sellers may place some restrictions on the type of dental practice. However, other medical uses are welcome. The layout includes a reception area, a separate reception office, five examination/operatories, two laboratory rooms, a small office, and a break room. There are two and a half bathrooms and a dedicated laundry area. The building features a shared parking lot with a similar adjacent structure, with joint maintenance responsibilities for the shared area. The asking price for this well-maintained property is $282,000. This presents a unique opportunity for a medical professional seeking established space or an investor looking for a solid return. The property's convenient location and functional design make it an attractive option for a variety of medical practices. The existing infrastructure is well-suited for immediate occupancy, minimizing upfront investment and maximizing operational efficiency. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $517,910

  6.5%

  $478,071

  7%

  $443,923

• Comparable approach

  Method

  Valuation

  Relative Method

  $383,885

  Geo Method

  $383,885

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $924,537

  Retail / Commercial

  $477,362

  Mixed-Use / Specialty

  $478,233

  Hospitality / Lodging

  $354,213

  Institutional / Educational

  $498,089

  Residential Income

  $582,764

  Multifamily

  $684,674

  Automotive / Energy

  $426,933

  Parking / Income-Based Land

  $144,788

  Restaurant / Food Service

  $254,223

  Healthcare / Senior Housing

  $487,781

Location Insight

City

Fishersville

County

Augusta

State

Virginia

Latitude

38.0977

Longitude

-78.9691

CBSA code

44420

CBSA name

STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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