18688 Jeb Stuart Hwy Stuart, VA 24171-1559
This ±63,074 square foot medical facility presents a unique investment opportunity. Situated on a ±10.08-acre lot in Stuart, Virginia, this two-story brick and block building boasts excellent highway frontage along Jeb Stuart Highway 58, a major transportation corridor. Previously operating as a 50-bed regional hospital for over 20 years, the property offers a variety of potential uses for medical enterprises. The building features an emergency room, exam and trauma rooms, radiology facilities, clinic/medical offices, and operating rooms. A large parking lot accommodates approximately 75 vehicles, including ambulance access. While vacant since 2017, minor furnishings, fixtures, and equipment remain. The property includes a fully equipped fire sprinkler system. The property's General Business (GB) zoning allows for diverse uses. Annual property taxes are $32,776.91. The location offers convenient access to major retail brands such as Walmart, Arby's, and Tractor Supply Co., all within a mile. The nearest hospital is approximately 30 minutes away. This property is being offered via auction. Further details and auction information are available online.
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Roberson Gary A MD Physician
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Eugene J. Phillips, CRNA Physician
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Milbourne L. Joye Jr, RD Physician
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Reynolds RJ-Patrick County County Court
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Nicholas Kipreos Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.