Property profile

1287 Seminole Trl Madison, VA 22727

OFF-MARKET
Commercial real estate
Property ID
US87-2903956
10,450 SF 1.17 ac lot Built 2007
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office suite, located at 1287 N Seminole Trail N, Unit 270 in Madison, Virginia, presents a fantastic leasing opportunity. Situated on the second floor of the building, this conveniently located space offers easy access via an elevator. The unit boasts a monthly rental rate of $295, making it an attractive option for businesses seeking cost-effective office solutions. The suite features two windows, providing ample natural light and a pleasant workspace environment. The location is on the backside of the building, offering a degree of quiet and privacy. While the square footage is not currently specified, the 1.17-acre lot provides ample surrounding space. Please note that electricity costs are shared amongst tenants, as are bathroom facilities. The suite will be available for occupancy beginning December 1st, 2024. This is an ideal space for a small business or individual professional seeking a functional and affordable office in a desirable Madison location. Interested parties should inquire promptly to secure this exceptional opportunity. The property is conveniently located in Madison, VA.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Total area 10,450 SF
Lot 1.17 ac (50,791 SF)
Zoning code B1
APN 40 104J
UPID US87-2903956

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Real Estate Agency
  • Insurance Agency
  • Real Estate Agency

Location

1287 Seminole Trl Madison, VA 22727-4048
Madison metro Census 930201 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$839k
Blend (final) Blend
$545k

Owner & transaction history

since 2020
Last sale
$501,000
4 recorded transactions
2020
$501,000
2010
Price N/A
2010
$500,000
2010
$400,000

Zoning & alternative use

B1 · Madison, VA
Zoning description

This district is established for the purpose of accommodating general commercial and business uses to which the public requires direct and frequent access

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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