4743 Kings Mountain RdCollinsville, VA 24078

  • Other commercial real estate
  • 0.67 AC
For Sale
$219,950 View listing

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
4743 Kings Mountain Rd, Collinsville, Virginia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$697
$47,700
$77,800
$125,500
-
$47,700
$77,800
$125,500

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