Five-Unit Specialty
727 LEE HWY, Verona, VA 24482
For Sale
$827,500
Pending
A brick commercial building offers leased space across multiple levels, with separate utility meters and on-site parking.
Property Size5,206 SF
Lot Size2.99 Acres
Days on Market251
Property Features for 727 LEE HWY
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Tenant in Place
Building Details
Buildings
Construction
Tenancy
Listing Agency:
1ST CHOICE REAL ESTATE
(540) 886-0145
Listed By:
LAURA FLOYD · License VA #0225221522
(540) 290-7309
Source:
Peakrealtyva
Added: Mar 9
Changed: Nov 13
Last Checked: Nov 13 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1ST CHOICE REAL ESTATE
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Investment Insights
Based on property information with market context.
This brick specialty property contains five rental units across two levels: three on the main floor and two in the basement. Three units include kitchenettes, and separate meters serve the units. The building has modern updates and on-site parking. The Conex box and metal building are excluded from the sale.
The property comprises two parcels totaling 2.99 acres and is zoned B2. It is located on Rte 11, with access to an interstate and local amenities, and is near the new courthouse. All five units are currently leased. The landlord pays water, sewer, and trash.
The property comprises two parcels totaling 2.99 acres and is zoned B2. It is located on Rte 11, with access to an interstate and local amenities, and is near the new courthouse. All five units are currently leased. The landlord pays water, sewer, and trash.
Key Highlights
- Five rental units: three on the main floor and two in the basement
- Two parcels totaling 2.99 acres; zoned B2
- Three units have kitchenettes
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 24482, VA
5,200
Population
2,003
Households
2.6
Avg Household Size
40
Median Age
21%
College-Educated
92%
High-School Grad
16.6 sq mi
ZIP Area
313
Density / Sq Mi
$72,693
Median Household Income
$33,258
Median Earnings
$1,075
Median Rent
$233,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Specialty property - A brick commercial building offers leased space across multiple levels, with separate utility meters and on-site parking.
Where is this specialty property located?
The property is located at 727 LEE HWY Verona, VA.
What is the asking price?
The asking price for this property is $827,500.
What are key features of this property?
This property features: Five rental units: three on the main floor and two in the basement; Two parcels totaling 2.99 acres; zoned B2; Three units have kitchenettes
