12302 James Madison Parkway

King George, VA 22485

$1,070,000
Price
217,800 / 5
Lot Size / Acres

Description

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...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.
  1. Listed by Keith A Hawkins • Samson Properties
    P: 2404136252 keith@hawkrealtor.com

Property Details for 12302 James Madison Parkway

Tax ID Number
33 67A
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Waterfront
No
Garage
No
Expected On Market Date
07-07-2023
Legal Subdivision
RAPPAHANNOCK DIST

Location

Listing Courtesy of Samson Properties
Add your commute
LISTING UPDATED: 03/08/2024 12:15 PM

Property Details for 12302 James Madison Parkway

StatusActive
MLS #VAKG2003656
Days on Market303
Taxes$3,768 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size5.00 AC
CountyKing George County

Location

Listing Courtesy of Samson Properties
Add your commute

Building Information for 12302 James Madison Parkway

Lot Size5.00 AC

Payment Calculator

$6,153 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,839

Property Taxes

$314

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12302 James Madison Parkway

Location
Location
  • In City Limits: No
  • School District Name: KING GEORGE COUNTY SCHOOLS
  • School District County ID: 121138110047
  • SchoolDistrictSource: Listing Agent
  • County: KING GEORGE
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $588,800
  • Year Assessed: 2022
  • County Tax: $3,768
  • Improvement Assessed Value: $287,400
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 4
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: C2
  • Zoning Dscrp: The intent of this district is to recognize existing commercial and/or service trade uses within the county.
  • Tax Lot: 67A
  • School Tax: $0
  • Tax Page Number: 401
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Lease In Effect: Yes
Building Info
Building Info
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Road Frontage, Level
  • Current Use: Commercial, Retail, Mobile/Trailer Park
  • Road Surface Type: Paved, Gravel
  • Road Frontage Length: 525.00
  • Parcel ID: 16257348
  • Additional Parcels: No
  • Ground Rent Exists: No
Interior Features
Exterior Features
Exterior Features
  • Horse: No
Utilities
Utilities
  • Water Source: Well
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Southern Maryland Association of REALTORS
  • List Agent URL: www.hawkrealtor.com

Property History for 12302 James Madison Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 12302 James Madison Parkway

Taxable ValueLand$301,400Additions$287,400Total$588,800
Tax Record2023$4,004 ($334 / month)
Home Facts
Baths3Total Finished SqFt952 SqFtAbove Grade Finished SqFt952 SqFtStories1Lot Size217,800 SqFtStyleMiscellaneous CommercialYear Built1960ZoningC-2CountyKING GEORGEAPN33-67A

Schools near 12302 James Madison Parkway

This home is within King Geo County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
King George Elementary School
PublicPK to 6

King George Middle School
Public7 to 8

King George High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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12302 James Madison Parkway is a 5 ac of land for sale in King George, VA 22485. This property was listed for sale on July 3, 2023 by Samson Properties, it's currently listed at $1,070,000. It has been on the market for a total of 303 days and was last sold on October 4, 2006. This listing's school district is King Geo County Public Schools. Nearby schools include King George Elementary School, King George Middle School and King George High School. 12302 James Madison Parkway is a 0-bed, 0-bath, 5 ac of land on a 217,800 sq. ft. / 5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Samson Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/08/2024 12:15 PM