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Property profile & analytics
OFF-MARKET Estimated value $585,000
Medical Office Space

40 Lambert St B5 Staunton, VA 24401-2446

13,858 SF 0.23 ac lot Built 1963
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US87-3063752
Property summary
AI-generated overview

This exceptional medical office building, located at 40 Lambert Street in Staunton, Virginia, presents a unique leasing opportunity. The property, a Class C building constructed in 1963, offers a total of 5,879 square feet. Currently, there are 4,640 square feet of vacant space available, perfect for a growing medical practice or related healthcare business. The building is configured to accommodate multiple tenants, with flexible suite sizes ranging from a minimum of 2,300 square feet to a maximum contiguous space of 2,340 square feet. This allows for adaptability to various needs and expansion possibilities. The property's location in Staunton, Virginia, within Staunton County, and its convenient address at 40 Lambert Street, zip code 24401, ensures excellent accessibility for patients and staff. The building's age reflects its established presence within the community, offering a mature and well-situated location for a medical practice seeking a stable and reliable space. This is an ideal opportunity to secure a prominent location in a thriving area, with the potential for significant growth and success. Interested parties are encouraged to inquire about lease terms and availability.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1963
Construction CONCRETE BLOCKS
Total area 13,858 SF
Lot 0.23 ac (9,826 SF)
Zoning code P1
APN 11379
UPID US87-3063752
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
  • Dr. Nadia B Kuley Physician Medical Clinic
  • Carilion Clinic Family Medicine - Staunton Medical Clinic
  • Mykal Stanley Physician Medical Clinic
  • Stephen Graham Physician
  • Thomas V. Ryan, PhD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k
Owner & transaction history
Augusta Health Care INC · 9 yrs held
Augusta Health Care INC
since 2016
1 recorded transaction
2016
$1.4M
Zoning & alternative use
P1 · Staunton, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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