2003 Main StLebanon, VA 24266

Property Details for 2003 Main St

Lot size

0.86 AC

Property size (Sq ft)

6,000 SF

Property type

Office properties

Property subtype

Office buildings

APN

104R 3630A

APU

104R3630A

Description

This exceptional 2,058-square-foot executive office space is ideally situated on Main Street in Lebanon, Virginia. Boasting high visibility in a thriving commercial area, this single-tenant property offers immediate occupancy. The ground-floor unit features a convenient covered entryway, ample parking, and prominent signage for optimal business exposure. Large windows at the front of the building provide excellent natural light. The interior layout includes spacious open areas, private offices perfect for individual work or team collaboration, and two private restrooms. Durable commercial-grade carpeting is installed throughout. The building offers two entrances for convenient access. This property is perfect for businesses seeking a high-profile location with ample space and modern amenities. Multi-year lease options are available. The property is located in Russell County, Virginia, with the full address being 2003 E Main St, Lebanon, VA 24266. This location offers easy access to local amenities and provides excellent visibility for your business. Don't miss this opportunity to establish your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $658,270

  6.5%

  $607,634

  7%

  $564,232

• Comparable approach

  Method

  Valuation

  Relative Method

  $761,598

  Geo Method

  $1,016,040

• Alternative Use

  Use

  Valuation

  Residential

  $753,466

  Hospitality

  $690,171

  Educational

  $574,214

  Medical

  $593,962

  Retail

  $893,222

Location Insight

City

Lebanon

County

Russell

State

Virginia

Latitude

36.9082

Longitude

-82.0453

Property Tax & Assessments

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