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Holiday Park 5 Acres Commercial 12302 James Madison Pky

7,000 SF Vacant Retail Building King George, VA 22485 £853,004 (£122/SF)

Executive Summary

5 Acre Commercial property zoned C-2. Currently being used for Commercial retail and Trailer Park. Achievable gross yearly income $130,800 (Trailer pad rentals 10 spaces $72,000 and Retail 9 units totaling 7,000 sq ft $58,800). Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000. The front 9 office/Retail units can rent to a long list of businesses. Rear of the property currently has 10 trailer land leases generating a monthly income with no recent increases and can accommodate for more spaces.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £47,832 £6.83
Other Income - -
Vacancy Loss - -
Effective Gross Income £47,832 £6.83
Taxes £3,004 £0.43
Operating Expenses £12,979 £1.85
Total Expenses £15,983 £2.28
Net Operating Income £31,849 £4.55

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £47,832
Annual Per SF £6.83
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £47,832
Annual Per SF £6.83
Taxes
Annual £3,004
Annual Per SF £0.43
Operating Expenses
Annual £12,979
Annual Per SF £1.85
Total Expenses
Annual £15,983
Annual Per SF £2.28
Net Operating Income
Annual £31,849
Annual Per SF £4.55

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
1960
Price
£853,004
Price Per SF
£122
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.03
Lot Size
5.00 AC
Zoning
C-2 - The intent of this district is to recognize existing commercial and/or service trade uses within the county.
Parking
15 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
323 ft on James Madison Pky

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • A B C Tobacco Outlet
  • -
  • -
  • -
  • -
  • -
  • All Things Vintage Thrift Emporium
  • -
  • 1,000 SF
  • £6.93
  • Plus All Utilities
  • Aug 2012
  • Century Auto Superstore
  • -
  • 500 SF
  • -
  • -
  • -
  • Tobacco Outlet
  • -
  • 680 SF
  • £10.73
  • + Elec & Clean
  • Aug 2014
  • -
  • -
  • -
  • -
  • -

Since 1945, U-Haul has been serving do-it-yourself movers and their households. Like many other successful ventures, the concept for U-Haul was generated out of need. After World War II, widespread need existed for do-it-yourself moving equipment that would be available on a one-way, nationwide basis. U-Haul co-founders L.S. "Sam" Shoen and his wife, Anna Mary Carty Shoen, recognized that need and acted upon it. Their visionary approach spread the cost of ownership among many users, facilitating the mobility of the populations of the U.S. and Canada.

  • University Of Oregon
  • -
  • 500 SF
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
A B C Tobacco Outlet - - - - -
All Things Vintage Thrift Emporium - 1,000 SF £6.93 Plus All Utilities Aug 2012
Century Auto Superstore - 500 SF - - -
Tobacco Outlet - 680 SF £10.73 + Elec & Clean Aug 2014
- - - - -
University Of Oregon - 500 SF - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1 & 2
  • 908 SF
  • Office/Retail
  • -
  • Now

Units 1 & 2. Great Office or retail unit. 908 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

  • 3 & 4
  • 589 SF
  • Office/Retail
  • -
  • Now

Units 3 & 4. Great Office or retail unit. 589 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

  • 5
  • 836 SF
  • Office/Retail
  • In-Line
  • Now

Unit 5. Great Office or retail unit. 836 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

  • 6
  • 748 SF
  • Office/Retail
  • In-Line
  • Now
  • 7
  • 223 SF
  • Office/Retail
  • -
  • Now

Unit 7. Great Office or retail unit. 223 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

  • 9
  • 466 SF
  • Office/Retail
  • -
  • Now

Unit 9. Great Office or retail unit. 466 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

Space Size Space Use Position Available
1 & 2 908 SF Office/Retail - Now
3 & 4 589 SF Office/Retail - Now
5 836 SF Office/Retail In-Line Now
6 748 SF Office/Retail In-Line Now
7 223 SF Office/Retail - Now
9 466 SF Office/Retail - Now

1 & 2

Size
908 SF
Space Use
Office/Retail
Position
-
Available
Now

3 & 4

Size
589 SF
Space Use
Office/Retail
Position
-
Available
Now

5

Size
836 SF
Space Use
Office/Retail
Position
In-Line
Available
Now

6

Size
748 SF
Space Use
Office/Retail
Position
In-Line
Available
Now

7

Size
223 SF
Space Use
Office/Retail
Position
-
Available
Now

9

Size
466 SF
Space Use
Office/Retail
Position
-
Available
Now

1 & 2

Size 908 SF
Space Use Office/Retail
Position -
Available Now

Units 1 & 2. Great Office or retail unit. 908 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

3 & 4

Size 589 SF
Space Use Office/Retail
Position -
Available Now

Units 3 & 4. Great Office or retail unit. 589 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

5

Size 836 SF
Space Use Office/Retail
Position In-Line
Available Now

Unit 5. Great Office or retail unit. 836 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

6

Size 748 SF
Space Use Office/Retail
Position In-Line
Available Now

7

Size 223 SF
Space Use Office/Retail
Position -
Available Now

Unit 7. Great Office or retail unit. 223 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

9

Size 466 SF
Space Use Office/Retail
Position -
Available Now

Unit 9. Great Office or retail unit. 466 Sq Ft. Located on 4 Lane US Highway Route 301 (James Madison Pkwy) with a traffic count of over 14,000.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 33-65A
  • 33-67A
Land Assessment
£379,148
Improvements Assessment
£338,491
Total Assessment
£717,639
Annual Taxes
£3,004 (£0.43/sf)
Tax Year
2024
  • Listing ID: 28906151

  • Date on Market: 02/07/2023

  • Last Updated:

  • Address: 12302 James Madison Pky, King George, VA 22485

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