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Property profile & analytics
OFF-MARKET Estimated value $615,000
Commercial real estate

1287 Seminole Trl Madison, VA 22727-4048

10,450 SF 1.17 ac lot Built 2007
Individually Owned 5-yr Hold Free & Clear
Property ID
US87-2903956
Property summary
AI-generated overview

This exceptional office suite, located at 1287 N Seminole Trail N, Unit 270 in Madison, Virginia, presents a fantastic leasing opportunity. Situated on the second floor of the building, this conveniently located space offers easy access via an elevator. The unit boasts a monthly rental rate of $295, making it an attractive option for businesses seeking cost-effective office solutions. The suite features two windows, providing ample natural light and a pleasant workspace environment. The location is on the backside of the building, offering a degree of quiet and privacy. While the square footage is not currently specified, the 1.17-acre lot provides ample surrounding space. Please note that electricity costs are shared amongst tenants, as are bathroom facilities. The suite will be available for occupancy beginning December 1st, 2024. This is an ideal space for a small business or individual professional seeking a functional and affordable office in a desirable Madison location. Interested parties should inquire promptly to secure this exceptional opportunity. The property is conveniently located in Madison, VA.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Total area 10,450 SF
Lot 1.17 ac (50,791 SF)
Zoning code B1
APN 40 104J
UPID US87-2903956
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
  • Early & Powell Law Firm
  • Powell J Michael Law Firm
  • Stacy Lenczuk - RE/MAX Central VA Team Real Estate Agency
  • Simms Insurance Insurance Agency
  • RE/MAX New Horizons Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$839k
Blend (final) Blend
$615k
Owner & transaction history
Alan L Edmunds · 5 yrs held
Alan L Edmunds
since 2020
Last sale
$501,000
4 recorded transactions
2020
$501,000
2010
Price N/A
2010
$500,000
2010
$400,000
Zoning & alternative use
B1 · Madison, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is established for the purpose of accommodating general commercial and business uses to which the public requires direct and frequent access

Zone name Business General
General category COMMERCIAL
Zone area 36.01 ac
Source Realmo
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