1330 PROGRESS DRIVE Front Royal, VA 22630

$2,900,000
1330 PROGRESS DRIVE, Front Royal, VA 22630
1000408052

Commercial Property for sale in Front Royal, VA

for $2,900,000. This 47,300 square foot building was built in 1990 on a lot size of 3.00 Acre(s).

Property Information

  • $2,900,000
  • Commercial
  • 47,300 Square Feet
  • Taxes are $18,615
  • Other / Unknown
  • Active
  • Lot size of 3.00 Acre(s)
  • Built in 1990
  • Front Royal, VA
  • Warren County
  • MLS/Web ID is 1000408052

Description

For Sale, NNN Sale/Leaseback. 47, 300+-sf industrial building on 2.62+- acres zoned Industrial. Leaseback will be a 15 Year Term Lease with zero LL responsibilities. Building features 40, 300+- sf of warehouse/production area, 7, 000+- sf of office with a full mezzanine above rated at 2, 400 lbs/sf. The building was built in 1990 and is extremely well maintained. NOI $189, 200. Price $2, 900, 000.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 1

Parking

  • Free Parking

Rental 1

Lease Terms

  • 3 years

† Excluded Feature

Neighborhood & Schools

School District: WARREN COUNTY PUBLIC SCHOOLS

 See complete school information

Listed By

Broker: OAKCREST COMMERCIAL REAL ESTATE

1330 PROGRESS DRIVE, Front Royal, VA, 22630 is a Commercial Property for sale at $2,900,000 with 47,300 sqft and a lot size of 3.00 Acre(s). 1330 PROGRESS DRIVE has 0.0 baths and was built in 1990. The property's zip code is 22630 which is in Front Royal, VA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Front Royal $403,665 86 % below $265,000 91 % below
Commerical listings in Front Royal $886,035 69 % below $483,700 83 % below
Sold listings in Front Royal $147,719 95 % below $137,000 95 % below

Local Sold History

Address Beds Baths Sqft Sold Price Sold Date Distance (miles)
SHENANDOAH SHORES RD
Front Royal, VA
$47,008 10/3/2017 0.41
ASHBY STATION RD
Front Royal, VA
$100,000 9/28/2017 1.09
1152 HAPPY RIDGE DR
Front Royal, VA
6 3.00 3964.00 $372,000 9/29/2017 1.11
MITCHELL DR
Front Royal, VA
3 2.00 1500.00 $280,000 10/6/2017 1.12
983 MEADOW CT
Front Royal, VA
3 2.00 2574.00 $280,000 10/13/2017 1.28

Get the facts about Front Royal, VA!

Population 14,272
Population Growth (since 2000) 10 %
Median Income $49,047
Median Age 39
Households w/ Children 29 %

Residential Dwellings

  • Owned 3381
  • Vacant 608
  • Rented 2119

Similar Listings

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or Call us at 1-800-839-1363