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5-Unit Apartment Building
New
For Sale
$425,000

9200 N Congress St New, New Market, VA 22844

A multi-unit residential layout is located on N Congress Street near the I-81 corridor.

Property Size5,278 SF
Price / SF$80.52
Days on Market3

Property Features for 9200 N Congress St New

General Information

Standard status Active
Size 5,278 SF
Class C
Property subtype MultiFamily Apartments

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 5

Building Details

Building Size 5,278 SF
Year Built 2003
Listing Agency: Coldwell Banker Commercial Premier
Listed By: Steve DuBrueler · License #225029864
Source: Thebrokerlist
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 11 at 3:05AM

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 Coldwell Banker Commercial Premier

Investment Insights

Based on property information with market context.

This apartment building in New Market contains five residential units within approximately 5,278 square feet. It was built in 2003 and is configured for multi-unit residential occupancy.

The property is at 9200 N Congress Street, with access to the I-81 corridor. Its existing five-unit arrangement supports residential use, subject to applicable zoning and approvals.

Key Highlights

  • Five residential units in one apartment building
  • Approximately 5,278 square feet
  • Built in 2003

Property Analytics

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Current Use

Northwestern Community Services Nursing Home

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Barber Shop Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby

Demographics for 22844, VA

4,599
Population
2,257
Households
2
Avg Household Size
48
Median Age
19%
College-Educated
91%
High-School Grad
49.6 sq mi
ZIP Area
93
Density / Sq Mi
$63,061
Median Household Income
$36,214
Median Earnings
$877
Median Rent
$263,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A multi-unit residential layout is located on N Congress Street near the I-81 corridor.
Where is this apartment building located?
The property is located at 9200 N Congress St New New Market, VA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Five residential units in one apartment building; Approximately 5,278 square feet; Built in 2003
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