909 Main StWest Point, VA 23181

Property Details for 909 Main St

Year built

1955

Construction

TYPE NOT SPECIFIED

Property size (Sq ft)

2,000 SF

Zone code

B-2

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

69A1 47 633A

APU

69A147633A

Description

This exceptional 2,000 square foot office/retail space is ideally situated at 909 Main Street in West Point, Virginia, zip code 23181. The property, built in 1955, is a single-story building on a 0.26-acre lot and is classified as a Class C property. The building boasts a flexible B-2 zoning designation, making it suitable for a variety of commercial uses. Located in the King William County submarket within the Richmond, VA cluster, this property offers excellent visibility and accessibility along Main Street. The building's floor area ratio (FAR) is 0.18. This single-tenant space presents a unique opportunity for businesses seeking a prominent location in a thriving community. The average household income within a one-mile radius exceeds $90,000, indicating a strong potential customer base. A build-to-suit option may be available. This property represents a compelling investment opportunity in a desirable location. Contact us today to learn more about this exceptional commercial space.

• CAP approach

  CAP return

  Valuation

  6%

  $498,586

  6.5%

  $460,233

  7%

  $427,359

• Comparable approach

  Method

  Valuation

  Relative Method

  $377,704

  Geo Method

  $517,731

• Alternative Use

  Use

  Valuation

  Residential

  $460,233

  Hospitality

  $421,571

  Educational

  $350,742

  Medical

  $362,804

  Retail

  $545,599

Location Insight

City

West Point

County

King William

State

Virginia

Latitude

37.5334

Longitude

-76.7977

CBSA code

40060

CBSA name

RICHMOND, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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