113 Mill Place PkwyVerona, VA 24482

Property Details for 113 Mill Place Pkwy

Year built

2007

Lot size

5.54 AC

Property size (Sq ft)

11,146 SF

Zone code

PLANNED COMMERCE

Property type

Office properties

Property subtype

Office buildings

APN

046 73C

APU

04673C

Description

This exceptional 1,760-square-foot traditional office space, located at 113 Mill Place Parkway, Unit 101 in Verona, Virginia (zip code 24482), presents a fantastic opportunity for businesses seeking a comfortable and productive workspace. The single-tenant layout features a welcoming reception area, three spacious private offices, and two large conference rooms, perfect for collaborative work and client meetings. Two restrooms are included, one in the common area and one towards the rear of the unit. A compact kitchen area and space for a small breakroom table provide added convenience for employees. Enjoy stunning views of the on-site pond and fountain from this serene and inspiring office. Building amenities include an exercise room and a relaxing patio area, offering employees opportunities for both fitness and relaxation. This move-in ready space is designed to accommodate a variety of business needs and offers significant potential for customization. The property is situated in a prime location in Verona, VA.

• CAP approach

  CAP return

  Valuation

  6%

  $2,652,862

  6.5%

  $2,448,796

  7%

  $2,273,882

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,228,531

  Geo Method

  $2,228,531

• Alternative Use

  Use

  Valuation

  Residential

  $3,036,507

  Hospitality

  $2,781,424

  Educational

  $2,314,112

  Medical

  $2,393,698

  Retail

  $3,599,730

Location Insight

City

Verona

County

Augusta

State

Virginia

Latitude

38.1915

Longitude

-79.0022

CBSA code

44420

CBSA name

STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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