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11200 Catharpin Rd 8,500 SF 100% Leased Retail Building Spotsylvania, VA 22553 $1,250,000 ($147.06/SF) 7% Cap Rate
Investment Highlights
- 5 units fully leased. Great Cap Rate. Growing area. Wonderful location to Schools, Restaurants and more!
Executive Summary
5 Cash Flowing Units!
(3) Houses, (2) Large Garages/ Shops. All Leased, Income $$ Producing. Nice Cap Rate. Excellent Investment opportunity with unlimited potential! Less than two miles from Wilderness Elementary and Ni River Middle Schools
House #1. 11200 Catharpin Rd
3 br/ 2 bathroom, Covered Porch, Circle Driveway, Large kitchen,
Dining room, office area, Laundry Room.
Newer Heat pump, Newer Roof
New LVL Floor and New Carpet, New Appliances. Beautiful Flat Yard
Large Double Car garage with concrete pad.
Shed, second carport. Well and Septic.
House #2 ,Double wide House 11202 Knightly Way
3 bedroom / 2 bathroom. 24 x 55, Newer Heat pump
Double Carport, Beautiful Yard.
Shares well with single wide.
House #3, Single Wide: 11203 Knightly Way
2 Bedroom / 1 Bathroom
Large Shed , Backs to woods!
Double carport
Lower Shop 11146 Catharpin Road
50’ x 26’ approx. 1300 square feet. 2 Car lifts, 4 Bays, Oil Heat, Office.
200 amp panel.
Top Shop: 11200 Knightly Way
65 x 30 1950 square feet,
4 Bays, 2 lifts, office, Oil Heat
All properties are tenant occupied. Please do not disturb tenants. Showings by appointment only—schedule your showing today!
(3) Houses, (2) Large Garages/ Shops. All Leased, Income $$ Producing. Nice Cap Rate. Excellent Investment opportunity with unlimited potential! Less than two miles from Wilderness Elementary and Ni River Middle Schools
House #1. 11200 Catharpin Rd
3 br/ 2 bathroom, Covered Porch, Circle Driveway, Large kitchen,
Dining room, office area, Laundry Room.
Newer Heat pump, Newer Roof
New LVL Floor and New Carpet, New Appliances. Beautiful Flat Yard
Large Double Car garage with concrete pad.
Shed, second carport. Well and Septic.
House #2 ,Double wide House 11202 Knightly Way
3 bedroom / 2 bathroom. 24 x 55, Newer Heat pump
Double Carport, Beautiful Yard.
Shares well with single wide.
House #3, Single Wide: 11203 Knightly Way
2 Bedroom / 1 Bathroom
Large Shed , Backs to woods!
Double carport
Lower Shop 11146 Catharpin Road
50’ x 26’ approx. 1300 square feet. 2 Car lifts, 4 Bays, Oil Heat, Office.
200 amp panel.
Top Shop: 11200 Knightly Way
65 x 30 1950 square feet,
4 Bays, 2 lifts, office, Oil Heat
All properties are tenant occupied. Please do not disturb tenants. Showings by appointment only—schedule your showing today!
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$102,600
|
$12.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$102,600
|
$12.07
|
| Taxes |
$2,800
|
$0.33
|
| Operating Expenses |
$5,000
|
$0.59
|
| Total Expenses |
$7,800
|
$0.92
|
| Net Operating Income |
$94,800
|
$11.15
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $102,600 |
| Annual Per SF | $12.07 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $102,600 |
| Annual Per SF | $12.07 |
| Taxes | |
|---|---|
| Annual | $2,800 |
| Annual Per SF | $0.33 |
| Operating Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $0.59 |
| Total Expenses | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $0.92 |
| Net Operating Income | |
|---|---|
| Annual | $94,800 |
| Annual Per SF | $11.15 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,500 SF
Building Class
C
Year Built
1970
Price
$1,250,000
Price Per SF
$147.06
Cap Rate
7%
NOI
$87,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
2.40 AC
Zoning
A2 - A-2
Amenities
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 20-A-30A | Total Assessment | $67,500 |
| Land Assessment | $32,000 | Annual Taxes | $2,800 ($0.33/SF) |
| Improvements Assessment | $35,500 | Tax Year | 2025 |
Property Taxes
Parcel Number
20-A-30A
Land Assessment
$32,000
Improvements Assessment
$35,500
Total Assessment
$67,500
Annual Taxes
$2,800 ($0.33/SF)
Tax Year
2025
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Presented by
Yettimes Properties LLC
11200 Catharpin Rd
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