18688 Jeb Stuart HwyStuart, VA 24171

Property Details for 18688 Jeb Stuart Hwy

Lot size

10.08 AC

Property type

Other commercial real estate

APN

4811.00.53

APU

48110053

Description

This ±63,074 square foot medical facility presents a unique investment opportunity. Situated on a ±10.08-acre lot in Stuart, Virginia, this two-story brick and block building boasts excellent highway frontage along Jeb Stuart Highway 58, a major transportation corridor. Previously operating as a 50-bed regional hospital for over 20 years, the property offers a variety of potential uses for medical enterprises. The building features an emergency room, exam and trauma rooms, radiology facilities, clinic/medical offices, and operating rooms. A large parking lot accommodates approximately 75 vehicles, including ambulance access. While vacant since 2017, minor furnishings, fixtures, and equipment remain. The property includes a fully equipped fire sprinkler system. The property's General Business (GB) zoning allows for diverse uses. Annual property taxes are $32,776.91. The location offers convenient access to major retail brands such as Walmart, Arby's, and Tractor Supply Co., all within a mile. The nearest hospital is approximately 30 minutes away. This property is being offered via auction. Further details and auction information are available online.

• Alternative Use

  Use

  Valuation

  Residential

  $55,128,380

  Hospitality

  $50,497,300

  Educational

  $42,013,160

  Medical

  $43,458,056

  Retail

  $65,353,804

Location Insight

City

Stuart

County

Patrick

State

Virginia

Latitude

36.6474

Longitude

-80.271

Property Tax & Assessments

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