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Property profile & analytics
OFF-MARKET Estimated value $1,225,000
Office buildings

113 Ml Pl Pkwy Verona, VA 24482-2662

11,146 SF 5.54 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US87-3322600
Property summary
AI-generated overview

This exceptional 1,760-square-foot traditional office space, located at 113 Mill Place Parkway, Unit 101 in Verona, Virginia (zip code 24482), presents a fantastic opportunity for businesses seeking a comfortable and productive workspace. The single-tenant layout features a welcoming reception area, three spacious private offices, and two large conference rooms, perfect for collaborative work and client meetings. Two restrooms are included, one in the common area and one towards the rear of the unit. A compact kitchen area and space for a small breakroom table provide added convenience for employees. Enjoy stunning views of the on-site pond and fountain from this serene and inspiring office. Building amenities include an exercise room and a relaxing patio area, offering employees opportunities for both fitness and relaxation. This move-in ready space is designed to accommodate a variety of business needs and offers significant potential for customization. The property is situated in a prime location in Verona, VA.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Total area 11,146 SF
Lot 5.54 ac (241,453 SF)
Zoning code PLANNED COMMERCE
APN 046 73C
UPID US87-3322600
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shenandoah Valley Center Counselor
  • A. Morton Thomas and Associates, Inc. Engineering Consultant Civil Engineer
  • Dr. Jennifer Cline Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.23M
Owner & transaction history
Nexus Com Vntrs LLC · 5 yrs held
Nexus Com Vntrs LLC
since 2021
2 recorded transactions
2021
Price N/A
2017
Price N/A
Zoning & alternative use
PLANNED COMMERCE · Verona, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.5M +14.8%
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