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    Abingdon Office Building For Sale Title is generated by Realmo AI

    612 Campus Drive, Abingdon, VA 24210

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    For Sale
    $639,950

    SINGLE_FAMILY - Abingdon, VA

    Type:Office
    Property size:
    2,490 SF
    Price / SF:
    $257/SF
    Added:
    May 27, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 5:06 am

    Property Features for 612 Campus Drive

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    OI
    Parking
    10
    Security features
    Security System
    Interior features
    Public Restrooms
    Exterior features
    Rain Gutters
    Standard status
    Active
    Size
    2,490 SF

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    Boundary Adj Of Lot 5 Of The Campus, 0.52 Acre
    Tax Annual Amount
    2361

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Central, Heat Pump (Heating)
    Cooling system
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    2006
    Flooring type
    Concrete, Tile, Carpet
    Building materials
    Brick
    Roof type
    Metal
    Additional Structures
    None

    We can help!

    Listing Contact
    Cynthia Hornsby
    Cynthia Hornsby

    Listing agent Cynthia Hornsby License #0225184556 VA and 316140 TN

    Listing office Prestige Homes of the Tri Cities Inc. 701 Bluff City Highway, Bristol, VA

    Listing date May 27, 2026

    MLS# 103052

    Copyright © 2026 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Highly desirable location in Abingdon, VA, less than 1 mile from the historic district and with convenient access to Russell Road, I‑81, and Porterfield Hwy.
    • Well‑maintained, single‑level, all‑brick commercial office building with approximately 2490 sq. ft. of finished office space.
    • Ample paved parking (16 spaces) and 2 back entrances with no steps for easy accessibility.
    • Functional interior layout featuring a waiting room, reception area, breakroom, 2 restrooms (one with a shower), exam rooms, administrative office with file room, and private offices.
    • Durable construction with a brick exterior, metal roof, reinforced concrete slab foundation, and aluminum guttering.
    • Equipped with essential systems including 2 ground‑mounted electric HVAC systems, a 200 amp electrical system, and emergency back‑up lighting.

    Overview

    This well-maintained commercial office building is located at The Campus in Abingdon, VA, less than 1 mile from historic Abingdon. The single-level attached building, constructed in 2006, offers approximately 2490 square feet of finished office space. The property features a brick exterior, a metal roof, aluminum guttering and downspouts, and a reinforced concrete slab foundation. It is equipped with a single-phase, 200 amp 220-volt electrical system and two ground-mounted electric HVAC systems. The interior layout includes a waiting room, reception area, breakroom, two restrooms (one with a shower), exam rooms, an administrative office with a file room, and private offices. Emergency back-up lighting (battery operated) is installed in the event of a power failure. The property has two back entrances with no steps and ample paved parking with 16 spaces. The location provides convenient access to Russell Road, I-81, and Porterfield Highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Next Level Hearing ... Hearing Aid Store Mary P. Hinchey, ... Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Abingdon
    County
    Washington
    State
    Virginia
    Longitude
    -81.9930741
    Latitude
    36.7101418

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    FAQs

    What type of property is this?
    Office building - Well-maintained commercial office building in a desirable location.
    Where is this office building located?
    The property is located at 612 Campus Drive Abingdon, VA.
    What is the asking price?
    The asking price for this property is $639,950.
    What are key features of this property?
    This property features: Highly desirable location in Abingdon, VA, less than 1 mile from the historic district and with convenient access to Russell Road, I‑81, and Porterfield Hwy.; Well‑maintained, single‑level, all‑brick commercial office building with approximately 2490 sq. ft. of finished office space.; Ample paved parking (16 spaces) and 2 back entrances with no steps for easy accessibility.
    (276) 608-8262
    We can help!
    Listing Contact
    Cynthia Hornsby
    Cynthia Hornsby
    Real Estate License ID: 0225184556 VA and 316140 TN
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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