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    1775 Lk Harley Dr Prince George, VA 23875

    For Sale
    $6,250,000

    Medical building with long-term tenant in Prince George County.

    Property size:
    15,600 SF

    Property Features for 1775 Lk Harley Dr

    General Information

    Size
    15,600 SF

    Building Details

    Year built
    2019

    Source: Christopher Rice Agent Christopher Rice

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Building in Prince George

    This medical building, located in Prince George County, Virginia, within the Richmond Metropolitan Statistical Area, features eight doctor PODs, advanced medical equipment, and conference facilities. It also includes an open reception area and ample parking. The building is constructed with high-quality mechanical, electrical, and plumbing engineering and design. The property has a rentable area of 15,455 square feet and a gross area of 15,600 square feet. The tenant is Virginia Physicians for Women, LTD, with a net operating income (NOI) of $394,102.50 for the first year. The base rent for the first year is $25.50 per square foot, NNN, and the lease term is 12 years, with an annual escalation of 2.5%.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Clothing Store Hotel & Motel HVAC Service Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Prince George
    County
    Prince George
    State
    Virginia
    Longitude
    -77.2506
    Latitude
    37.2239

    Nearby Similar for Sale

    • $3,386,836
      15,047 SF

      Medical Office Building For Sale

      Well-maintained medical office building in growing community near I-95.
      2025-2027 Waterside Rd, Prince George, VA 23875
      View Details
    • $3,900,000

      Single-Tenant Healthcare Investment Opportunity

      Single-tenant building leased to Virginia Cancer Institute with NNN lease.
      4730 Puddledock Rd, Prince George, VA 23875
      View Details

    FAQs

    What type of property is this?
    Medical office - Medical building with long-term tenant in Prince George County.
    Where is this medical office located?
    The property is located at 1775 Lk Harley Dr Prince George, VA.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: - NNN Lease with Virginia Physicians for Women, LTD; - Benefit from a 12-Year Lease Term; - $394,102.50 NOI in Year 1 with 2.5% Annual Escalation
    (804) 513-6162
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1775 Lk Harley Dr Prince George, VA 23875
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