1600 Coalter StStaunton, VA 24401

Property Details for 1600 Coalter St

Year built

1989

Lot size

4.15 AC

Property size (Sq ft)

22,512 SF

Zone code

P1

Property type

Office properties

Property subtype

Office buildings

APN

461

APU

461

Description

Greenbrier Office Park offers exceptional lease opportunities in Staunton, Virginia. This Class B, two-story office building sits on 4.2 acres of land at 1600 N Coalter St, 24401. The property features multiple tenancy options within a traditional office setting, providing flexibility for businesses of various sizes. Enjoy a dedicated entrance and mailbox for enhanced privacy and professionalism. The convenient location offers easy access to Staunton High School and is less than a five-minute drive to the heart of downtown Staunton, ensuring proximity to amenities and a vibrant community. Utilities are thoughtfully managed, with water, sewer, heat, and exterior maintenance included in the lease. Tenants are solely responsible for electricity and internet services. The property is currently move-in ready, presenting an immediate opportunity to establish your business in a well-maintained and strategically located office space. This is an ideal solution for businesses seeking affordable and functional office space in a desirable Staunton location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,358,086

  6.5%

  $4,945,926

  7%

  $4,592,646

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,501,050

  Geo Method

  $4,501,050

• Alternative Use

  Use

  Valuation

  Residential

  $6,132,948

  Hospitality

  $5,617,748

  Educational

  $4,673,900

  Medical

  $4,834,643

  Retail

  $7,270,512

Location Insight

City

Staunton

County

Staunton City

State

Virginia

Latitude

38.1682

Longitude

-79.0522

CBSA code

44420

CBSA name

STAUNTON-WAYNESBORO, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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