4743 Kings Mountain RdCollinsville, VA 24078
- Other commercial real estate
- 0.67 AC
Property Details for 4743 Kings Mountain Rd
- Lot size
- 0.67 AC
- Zone code
- B1
- Property type
- Other commercial real estate
- APN
- 27840020
- APU
- 27840020
Description
This exceptional investment opportunity presents a single-story, 1,333-square-foot commercial building situated on a 0.689-acre lot in Collinsville, Virginia. Built in 2004, the Class B property is zoned for commercial use and features two separately metered suites currently occupied by two tenants under a modified lease agreement. Each suite boasts its own HVAC system, providing independent climate control. The property offers ample parking in a paved lot and benefits from prominent backlit monument signage. The asking price is $219,950, translating to $165 per square foot. The building's layout includes two units, making it ideal for owner-user scenarios or continued multi-tenant occupancy. The property's address is 4743 Kings Mountain Rd, Collinsville, VA 24078, and its APN is 12911. This prime location in a growing area presents a compelling investment opportunity for those seeking a stable income stream and potential for future appreciation. The current tenants are on month-to-month leases, offering flexibility for the new owner. This property is a turnkey operation, ready for immediate income generation. The building's construction is brick, and the property is easily accessible.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,670,512
- Hospitality
- $3,362,169
- Educational
- $2,797,285
- Medical
- $2,893,488
- Retail
- $4,351,332
Location Insight
- City
- Collinsville
- County
- Henry
- State
- Virginia
- Latitude
- 36.7333
- Longitude
- -79.9128
- CBSA code
- 32300
- CBSA name
- MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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