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8286-8294 James Madison Pky 10,404 SF 100% Leased Retail Building King George, VA 22485 $499,000 ($47.96/SF)
Investment Highlights
- Dual zoning (C-2 & A-2) allowing for a wide variety of commercial and residential uses.
- Multiple improvements including leased and income-generating structures.
- Convenient proximity to Naval Support Facility Dahlgren and the Nice Bridge.
- Over 530 feet of frontage along James Madison Parkway for strong visibility.
- Opportunity to enhance cash flow through leasing of existing vacancies.
- Located within a growing King George County market with future upside potential.
Executive Summary
The offering of 8294 and 8286 James Madison Parkway presents a unique opportunity to acquire a highly versatile 7.91-acre property in the growing King George County market. With over 530 feet of frontage along a main corridor, the Property offers excellent visibility and easy access, making it well-suited for a variety of uses.
The Property is improved with five (5) structures, including two income-producing residential rentals, one vacant single-family home that can be used as a primary residence or leased for additional income, a leased warehouse, a vacant retail storefront, and a storage structure. This mix of residential and commercial buildings provides steady income today, with additional upside through leasing the currently vacant home and retail space, allowing a new owner to increase cash flow over time while tailoring the Property to their needs.
With dual zoning of General Commercial (C-2) and Rural Agriculture (A-2), the Property allows for a wide range of potential uses—whether for a business owner, investor, or someone looking for a live-work setup—all offered at an attractive price of$499,900.
The Property is improved with five (5) structures, including two income-producing residential rentals, one vacant single-family home that can be used as a primary residence or leased for additional income, a leased warehouse, a vacant retail storefront, and a storage structure. This mix of residential and commercial buildings provides steady income today, with additional upside through leasing the currently vacant home and retail space, allowing a new owner to increase cash flow over time while tailoring the Property to their needs.
With dual zoning of General Commercial (C-2) and Rural Agriculture (A-2), the Property allows for a wide range of potential uses—whether for a business owner, investor, or someone looking for a live-work setup—all offered at an attractive price of$499,900.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,404 SF
Building Class
C
Year Built
1970
Price
$499,000
Price Per SF
$47.96
Percent Leased
100%
Building Height
1 Story
Zoning
C-2, A-2 - General Commercial, Rural Agriculture
Frontage
530’ on James Madison Parkway
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 17-34A | Improvements Assessment | $35,200 |
| Land Assessment | $200,000 | Total Assessment | $235,200 |
Property Taxes
Parcel Number
17-34A
Land Assessment
$200,000
Improvements Assessment
$35,200
Total Assessment
$235,200
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Contact the Sale Advisor
8286-8294 James Madison Pky