315 10th St Front Royal, VA 22630-2807
This fully leased, multi-tenant medical building presents a compelling investment opportunity in Front Royal, Virginia. The all-brick structure is in excellent condition and boasts over 9,000 square feet of space on a 1.1+ acre lot. All situated on one level for easy accessibility, the building features three established medical tenants, providing a stable income stream. The Gross Operating Income (GOI) is $8,100 per month. The property includes ample parking, is fully ADA compliant, and features all new windows. An additional 1,500 square feet of dry storage space adds to the functionality. The building's prime location off Shenandoah Avenue, just a block from the Hill Valley Healthcare Campus (formerly Warren Memorial Hospital), ensures high visibility and convenient access. This exceptional property is ideal for investors seeking a strong return, and its characteristics make it particularly suitable for a 1031 exchange. The asking price is $1,499,000, with reasonable offers encouraged. This is a rare opportunity to acquire a well-maintained, income-producing medical building in a thriving healthcare market.
-
Fiat Medical Medical Clinic
-
Spero Health Medical Clinic
-
Aldon Rockwell Collier Pediatrician Medical Clinic
-
Front Royal Pediatrics: Savage Tinea J MD Pediatrician Medical Clinic
-
Valley Health Lab Services – Front Royal Internal Medicine Medical Laboratory Doctor
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R3 · Front Royal, VAFront Royal. Always verify with local authorities before improvements.
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.