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EXECUTIVE SUMMARY
Prime Downtown location offering unparalleled convenience with easy access to all City and County court systems. Just steps away from the bustling Downtown Mall, this property boasts attractive brick construction. With 30 on-site parking spaces-a rare luxury for this Downtown location-this property presents a solid investment opportunity for those seeking accessibility and sophistication. One of the managing owners/trustees is a licensed real estate broker in the Commonwealth of Virginia.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
9,300 SF
Building Class
B
Year Built
1966
Price
$2,595,000
Price Per SF
$279.03
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,100 SF
Slab To Slab
8’
Building FAR
0.61
Lot Size
0.35 AC
Zoning
CX-3 - Commercial or residential or both up to five(5) stories in height.
Parking
30 Spaces (3.87 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 330-059-000 | Total Assessment | $1,733,900 (2025) |
| Land Assessment | $632,300 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,101,600 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
330-059-000
Land Assessment
$632,300 (2025)
Improvements Assessment
$1,101,600 (2025)
Total Assessment
$1,733,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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415 4th St NE
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