242 Airport Rd Winchester, VA 22602
- Commercial real estate
- 3,500 SF
- 0.38 lot acres
Current Use by Public Records
- Global Entertainment / Distribution Service
Property Details for 242 Airport Rd
- Year built
- 2007
- Lot size
- 0.38 lot acres
- Property size
- 3,500 SF
- Zone code
- GENERAL INDUSTRIAL
- Property type
- Commercial real estate
- APN
- 64A-45K2
- APU
- 64A45K2
Description
This Winchester, VA property at 242 Airport Road offers a 4350 square foot flex space currently under a three-year lease with a renewal option. The property boasts a comfortable office area and a large warehouse featuring one private dock door and a ceiling height exceeding 20 feet. The space is described as very clean and includes ample parking. Its convenient location within a flex condo park provides easy access to amenities. The property enjoys a prime location, just five minutes from I-81, Exit 313 in Frederick County, VA, and is approximately 45 minutes west of Leesburg via Route 50 or I-66, providing convenient access to Northern Virginia. The current lease generates a net income of $3625 per month, subject to 3% annual increases. The asking price for this income-producing property is $783,000. The property is classified as Land, Industrial, Farm, Ranch, Manufacturing, and Commercial. This presents a compelling investment opportunity in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Frederick
- State
- Virginia
- Longitude
- -78.1553
- Latitude
- 39.1435
- CBSA code
- 49020
- CBSA name
- WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA
