12302 James Madison Pkwy King George, VA ^$ 1,070,000

12302 James Madison Pkwy

^$ 1,070,000

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12302 James Madison Pkwy

King George, VA, 22485

^$ 1,070,000

Studio Baths0.0

Monthly Estimate*

^$ 7,474

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Studio

Lots and Land for sale in King George, VA

for $1,070,000. The lot size is 5.

5 Acre Commercial property zoned C-2. Achievable gross yearly income $130,800 (Trailer pad rentals 10 spaces $72,000 and Retail 9 units $58,800). Currently being used for Commercial retail and Trailer Park. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000. The front 9 office/Retail units can rent to a long list of businesses. Rear of the property currently has 10 trailer land leases generating a monthly income with no recent increases and can accommodate for more spaces.

Lots and Land Active

Price

^$ 1,070,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,768

Style

Commercial,Retail,Mobile/Trailer Park

Lot Size

Town/City

King George

County/Region

King George

MLS | Web ID

VAKG2003656

Features

General

Sewer On Site Septic

Possession Settlement

Zoning C2

Property SubType Land

Tax Year 2022

Current Use Commercial Retail Mobile/Trailer Park

Percent Ownership Fee Simple

County KING GEORGE

Property Type Land

HOA / Comm Assn N

Possible Use Automotive Camp Ground(s) Commercial Double-Wide Recreational Retail Storage Yard Other Church Flex Space Florist/Nursery Parking

Water Access Y/N N

Status ACTIVE

Directions From King George Sheetz on the corner of Route 301 and Route 3. Head north on US -301 (James Madison Pwky) go 1 mile and make a U-turn at Georgia Ln. Go .8 miles 12302 James Madison Pwky drive way wi

City KING GEORGE

Buyer Agent Compensation 3

Zoning Description The intent of this district is to recognize existing commercial and/or service trade uses within the county.

Lot Size Square Feet 217800.00

Waterfront Y/N N

Street Name JAMES MADISON PKWY

Tax Annual Amount 3768.0

Condo/Coop Association Y/N N

Clean Green Assessed Y/N N

Price Per Sq Ft 4.91

Acceptable Financing Cash Conventional Other

Additional Parcels Y/N N

Historic Y/N N

Vacation Rental Y/N N

Virtual Tour https://photohawks.smugmug.com/12302-James-Madison-Pkwy-King-George-VA

Days on Market 306

Standard Status Active

Legal Subdivision RAPPAHANNOCK DIST

Tax Lot 67A

Buyer Agent Compensation Type % Of Base

Association Recreation Fee N

Exterior

Lot Features Road Frontage Level

Water Source Well

Water View Y/N N

Lot Size Acres 5.00

Road Surface Type Paved Gravel

Lot Size Units Square Feet

Lot Size Source Assessor

Horse Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 12302

* Excluded Features

List By

Samson Properties

Broker

keith@hawkrealtor.com

Affordability Calculator

$7,788

Per Month

Monthly Principal & Interest: $7,474
Monthly Property Taxes: $314
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in King George, VA

Average List Price ^$1,232,095

Percent of Sale Price 15%

About King George, VA

4,696 Population

78% Since 2002

^$84,745 Median Income

38.26 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3535639 Elementary School

3534818 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/8/2024	$1,070,000	-14.40%	Price Down
7/19/2023	$1,249,999	-16.61%	Price Down
7/2/2023	$1,499,000		Listed Price

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12302 James Madison Pkwy, King George, VA, 22485 is a Lots and Land for sale at $1,070,000 with a lot size of 5. 12302 James Madison Pkwy is a studio with 0.0 baths. The property's zip code is 22485 which is in King George, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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12302 James Madison Pkwy

Lots and Land for sale in King George, VA

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